South African Gold Companies Message Board

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Gold/Mining/Energy : South African Gold Companies

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To: Philip H. Lee who wrote (9)	10/9/1997 12:16:00 AM
From: Wade	of 17

Philip, You can find a lot of info at Robert Johnson's "Goldsheet" at: goldsheet.simplenet.com You will find out many of them are still very profitable under high labor cost conditions. Just take a look at their P/E ratios, you will know what I mean. I do not know the rank of their sizes. I just traded them before. However, I am still holding some KLOFY which was the left over free stock from my previous after tax profit. I have no reason to sell it right now. I only see the SA stocks are way undervalued in general, IMHO. They will catch up the rally very quickly after the senior N.A. golds reaching overvalued situation. I sold all of my ABX last Wed. then bought HM and BMG back on Friday. My gold holdings are V.CKS, HM, BMG, KLOFY and plus several small junior mining companies. Good luck. Sincerely, Wade

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