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Gold/Mining/Energy : Queenstake Resources (QTR.T) -- Ignore unavailable to you. Want to Upgrade?


To: KobaltBlauw who wrote (2222)2/19/2000 5:52:00 PM
From: Robert Dirks  Read Replies (1) | Respond to of 2249
 
FN and other "safe" stocks like banks are out of favour as they are seen to offer very limited returns.
Why put your money into someting thats not moving, or giving you maybe 6% return? Thats the sentiment out there and I don't see it changing anytime soon.
We are in a tech revolution thats changing our lives, and soon those of third world countries. The growth is stupendous...

Now, I still hold a core Gold position as insurance, and I believe one day it will go to the moon, but when that is anyones guess...

As for QRL, they should absolutely hold on to their Gold plays through a new subsidiary, and maybe even spin this off later to shareholders.
QRL should then market itself as a TSE listed shell with no debts, cash, and low float, ready to buy up a private operating tech-co with it's shares, and thereby take it public instantly and everyone with a stake gets rich.
I think if enough shareholders put pressure on management
they would have to act, or give up the ship to a new team.

I will also try contacting Doris to see what her position is on this.
To me the pot of Gold lyes in High-Tech right now, and QRL would be a no brainer.....

Regards

Oh yes, if this were to happen, we better start adding to our positions now IMO, as the market would go nuts on QRL.
Can't believe the move in VEN......