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Gold/Mining/Energy : Gold and Silver Mining Stocks -- Ignore unavailable to you. Want to Upgrade?


To: Claude Cormier who wrote (339)6/12/2000 12:10:00 AM
From: goldsheet  Read Replies (2) | Respond to of 4051
 
> BTW, have you read about Glamis acquisition of Cambior interests in Mexico

Si ! and they have done a nice job with the properties they acquired in the Rayrock acquisition/merger. Glamis is making very nice progrees.



To: Claude Cormier who wrote (339)6/12/2000 9:24:00 AM
From: russwinter  Read Replies (2) | Respond to of 4051
 
There is a lot to admire about GLG, as they are basically doing the things I've been mentioning. I call them the Reggie Miller of mining, as like the Indiana Pacer shooter they have the attitude of "if we're going down, I'm doing what I do best, puttin the ball up". The CBJ deal went totally by the market with a yawn but may prove to be brilliant down the road. Besides the properties they bought for song, the picked CBJ's exploration data.

San Martin strikes me as the perfect project in that capital costs are modest at only $27 million. Why do they continue to screw around with underground mining at Dee? Not really their forte is it? Shouldn't they just sell to one of the majors up there and move on? How bout El Sauzal instead? Imperial will probably never make it, and just as well.

Hedging: Fairly modest, but low prices. 65,000 forwards @ 288, and 60,000 call writes @ 295. Hopefully they deliver those and do not reestablish.



To: Claude Cormier who wrote (339)8/17/2000 12:09:48 AM
From: d:oug  Read Replies (1) | Respond to of 4051
 
Claude,

My basket of under 25 cents penny gold & silver producer
companies stocks at the present time only has one with
an increase(very small) since purchased.

In terms of money invested, very small amounts in each.

My approach is still that hope that a pro GATA event
will happen and everything connected to gold and silver
will explode in price "with no questions asked" upfront
allowing even low output and low capacity and low reserves
producers to see huge gains at the start of a dot com like
crazy buying spree. Yes, I will unload most all before those
who rushed in realize what is quality and not. I'll keep 1/2 of
shares in any that I discover are good ones. I might have to
subscribe to your newsletter to obtain that information.

This last week I have been averaging down some,
did 4 this week, and have a question about one.

Picked up 5,000 more of the following.

Toronto Stock Exchange (HGM-T) Holmer Gold Mines
... developing the first silver mine in Cuba, Mexico
and a gold mine in the Timmins mining camp in Ontario, Canada.

Question: Since their newly elected President have you
noticed any change in how foreign companies located
in Mexico are treated?

From the above "...first silver mine in Cuba",

Oops... sorry, I just noticed my blunder,
Cuba is the country, not a city.

ok, I'm not going to correct this post and let it identify
the danger of one like myself to invest without research
and without using an exchange for money newsletter
like you supply.

Looks like I was crossing between two high and seperate
point without not only no net, but I forgot to string a wire
between the two high points.

Lets see, I'm 1/2 down falling and let me check to see
if I have a parachute...nope, but wait, it did look like
rain today and I got an umbrella, ok there, good....
flop bounce bounce again ok alls ok.

Now, I'll go back into search SI for Cuba and not Mexico
as I just did and see if I can locate anyone else there.

Doug