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Pastimes : All Clowns Must Be Destroyed -- Ignore unavailable to you. Want to Upgrade?


To: marginmike who wrote (33818)5/18/2000 11:31:00 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 42523
 
that's simple...symbol GOLD. second largest producer in the world, cheapest gold stock there is (in terms of market valuation of reserves), profitable, good management, lots of cash.

only drawback is it's an African co. - if you worry about political risk, go for one of the NorthAm majors like NEM, HM or PDG.

frankly, i don't believe one needs to worry about the pol. risk in this instance. the South African mining houses are very adept at surviving in Africa.

good night...



To: marginmike who wrote (33818)5/19/2000 9:02:00 AM
From: LLCF  Read Replies (3) | Respond to of 42523
 
<I need a recomendation here for a good Gold play?? Just in case it gets REAL ugly>

Try this guy out... good, and HONEST:

ormetal.com

As a starter Homestake [HM-NYSE] is real cheap IMO and also has tons of silver which has fantastic supply/demand characteristics at the moment [according to Ormetal]... as always do your own DD.

DAK