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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: Wowzer who wrote (48314)7/21/1999 8:22:00 PM
From: pz  Respond to of 95453
 
Land drillers

It was strange that the land drillers like GW, NORT, PDS, PTEN, TBDI, UTI didn't participate in the late day rally today. It looks like tomorrow may be their day to shine.

I posted this on a thread I frequent. techstocks.com

Regards,

Paul



To: Wowzer who wrote (48314)7/21/1999 8:22:00 PM
From: double-plus-good  Read Replies (2) | Respond to of 95453
 
Rory, OT

over the long haul gold sucks, its true, but all things are relative. the NEM Sept. 17 1/2 calls I bought yesterday are worth twice what I paid for them today.

When the whole damn world has turned bearish on the stuff, I figure it's time to buy a little and with leverage. I could be wrong, but there are a number of factors lining up that might see interest in gold perk up just a little.

fwiw



To: Wowzer who wrote (48314)7/21/1999 8:26:00 PM
From: Think4Yourself  Respond to of 95453
 
<Gold Sucks>: Very subtle Rory. Tell us what you really think ;-)



To: Wowzer who wrote (48314)7/21/1999 11:03:00 PM
From: Crimson Ghost  Read Replies (1) | Respond to of 95453
 
OT:

Gold has indeed been a disaster for many years now.but the tide is changing and the lows are in despite all the bearish news items. Lookimg for a move to $300 or better by year-end, with gold stock indexes up 50% or more from current levels. Base metals, oil, and now grains are moving up. Gold is starting to follow.

In a real gold bull CB sales will be easily absorbed as they were in the 1970s.

I do prefer oil to gold. But the OSX has already jumped 50%; gold stocks are still very near their lows and are down considerably from year-end 1998.



To: Wowzer who wrote (48314)7/21/1999 11:49:00 PM
From: shane hartman  Respond to of 95453
 
>One of my first investments was a purchase of a single gold
>krugerrand back in 1988 paid $400 bucks for it.

Save it for Y2K global meltdown <VBG>