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Gold/Mining/Energy : Precious and Base Metal Investing

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To: LLCF who wrote (14947)7/29/2003 1:27:36 AM
From: jimsioi  Read Replies (2) of 39344
 
SAs a great bargin when???

Blackempowerment and the royalty take look to be long term givens with the percentage of companies to be owned by the Blackempowermenters set to rise to over 25% in a few years. Figuring out how to get them their required percent stake without it being just a pure give away is a challenge not many of the miners seem to have yet embarked upon. Harmony has taken steps and Kebble with his RANGY is a front runner. May be that he snatches up a good segment of the true talent, applies it to his vast resource opportunties and marries up the gems with RANGY as a financing vehicle and everybody ends up winners. That at least seems to be what he's trying to do....Stock was down again today in continued under performance...largely because the glimmer for the issue increasingly seems to be wrapped up with the unknowns and uglies of SA politics and socialism.

So when for the SAs....has to be a big change in the currency for starters. If one knows when the RAND will weaken against the dollar buy then...as long as gold stays in a firm trend...

OR when everything else non SA has become so insanely overvalued that's the only rational place for money to go.....

North and South Americans are in favor and I'm sticking with that trend....
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