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Pastimes : True Confessions -- Admit it -- you bought that stock
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To: Activatecard who wrote (915)11/18/2009 12:53:08 PM
From: Real Man   of 990
 
The POS is selling for about $3.1 per underground Kruggerand Oz.
While it traded that low for some time due to the bear market
in SA gold shares since 1980-s, the potential for the POS to
move up strongly in gold mania exists. The strong move in
SA shares should be commensurate with HUI move from 35 to 500
since 2001. If POS does not go broke, that is. They are close,
but they should be making money again now.

While Canadian and American miners (that also make most of GDX
and GDXJ) are now cash machines, they are valued as such, so
they don't offer as much leverage to POG as SA miners do, as
their prices per M&I reserves are already quite rich, but they
do have more risk than POG itself.
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