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

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To: Chunger who wrote (25009)11/11/2006 12:00:30 AM
From: koan  Read Replies (1) of 78410
 
I was going to buy RNG wts this morning. I was goiing to sell some GML. Then I saw the freefall of RNG. Their chart to date was perfect and then this.

I do not like trying to catching a falling knife. I am just going to let it go until the smoke clears. I have a core position.

I am worried about the gold mine in Mauritania. I am sure it will be a good mine, but how are the politics? And it is pretty remote I think?

But if they get the gold mine going, and all is fine, and gold rises, those wts would be golden. $5 strike price and expire in aug of 08 I think.

If China is going to diversify its dollar holding's that should cause gold to rise prretty good?
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