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Gold/Mining/Energy : Maxam Gold Corp. OBB:MXAM
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To: Paunch who wrote (8152)5/6/1999 8:29:00 AM
From: Richard Mazzarella  Read Replies (4) of 11603
 
Paunch, POG does indeed look good. I own a non hedging jr. that is perfectly postured for a POG run. It's VGZ, hasn't done anything in a year or more, but gold was also down. IMO the market will discover it, very little downside risk, certainly safer than the dirts. I understand that people are now speculating on pennies, looking for the next Microsoft or anything to throw their S&P profits. This is typical at the top of a market speculative bubble. With interest in pennies and POG improving maybe there will be new interest in the desert dirts?
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