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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: loantech who wrote (5618)1/30/2006 4:03:23 PM
From: koan  Read Replies (1) of 78411
 
What a day! Gold and silver still running strong. SLw wts are my top performers still. ECU looks strong and K wts are doing well. My K wts are paying off too. SLW b was the biggest winner last couple of days.

I have my doubts about exn and rng, but just bought them as proxy's and leverage on the metals move. They are my smallest holding anyway.

Gold and silver could keep going. I think the environment, both psychologically and supply/demand could drive gold past $850 in the next year or two and silver into the $20/$30+ range.

One has to ask what their metals stoxks would be worth in that case.

Zinc at $1.02 and copper at $2.25.

Given the fact china will need to strng copper wire to millions of homes over the next 3 years and use zinc for building and appliances one has to have base metals plays as well.

BWR wts and HBM wts are still the best way to play zinc IMO.
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