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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG

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To: Wade who wrote (988)11/9/2003 11:47:55 PM
From: Andrew  Read Replies (1) of 48092
 
I feel that the mutuals give me some diversification into a basket of gold shares. The 2 funds have performed almost equally well, although the rest of my portfolio has strongly outperformed over the last 4 months due to NSU and AZS basically both doubling in that time.

My stock holdings have been mostly the same since July 16th which is the day I jumped into Gold shares with both feet except that I sold BGO since and bought more Kinross. Other than that I have made trades in and out of Goldcorp, Kinross and Placer Dome and Nevsun succesfully lowering my average almost each time.

All of these trades I have posted in realtime on my thread, the most recent of which was selling G K and PDG on Thursday morning and then buying all three back Friday afternoon. Actually I lost .04 on PDG after commission but reduced my avg on K and G nicely.

So the reason why only 15% is that while they give me some added diversification and add some stability to my portfolio being a trader I can generally outperform the funds easily.
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