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Gold/Mining/Energy : Precious and Base Metal Investing

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To: dara who wrote (38215)	7/28/2006 9:20:06 AM
From: orkrious	Read Replies (3) of 39344

What are your favorite miners at today's prices? To be honest I haven't been paying as much attention as I should, especially given the size of my positions. My general feel is that we're starting another big leg up and most of my positions (the core of which I've held for a long time) don't need a lot of monitoring. I did buy a massive amount of NG and PAAS on margin on the selloff over the last couple of months. These I intended to be short-term only. I sold all of my humongous core PAAS position last January on concern about the Peru election and I split the proceeds into NG and SSRI (even blind squirrels occasionally find an acorn) but I felt like PAAS got overly obliterated (is that possible? <g>) so I took a huge position which is still on average 40 cents underwater. I will start selling it over 22 and keep the SSRI as my primary silver investment. At the time switched my PAAS into NG and SSRI I already had a large NG position from $4-$6. The switch made it massive (20+ percent of my PF). My core positions in order of size are: NG SSRI SA AZS GSS MRB CLG MNG CKG.v ANO.to AUY NEM NSU 10 others less than 2% of PF NG is 26% of the PF (excluding the "temporary" margin position) SSRI is 14.6% of the PF the rest descend to NSU at 2.3% PAAS isn't included because it's temporary I guess you can say I "like" them in the proportion that I own them, but I wouldn't necessarily put 25% of my net worth in NG now. The theme here. Good potential. Generally politically safe countries. I hope this helps.

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