Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: isopatch who wrote (78226)	11/8/2000 1:51:52 PM
From: dfloydr	Read Replies (1) \| Respond to of 95453

MVK 8-K filing on EDGAR has a text version of their road show which starts today. There are a lot of interesting numbers and tables: freeedgar.com Domestic oil drilling is still aenemic. Gas is booming.

To: isopatch who wrote (78226)	11/8/2000 4:55:28 PM
From: Crimson Ghost	Read Replies (1) \| Respond to of 95453

All here are aware of the very rich valuations still prevailing on the NAZ. By contrast gold stocks have been very cheap for quite some time but keep getting cheaper. I consider myself a value investor and have generally done quite well via this technique. But gold is something else entirely. I have never seen a sector bear market as savage and long lasting as gold. Techniques of fundamental and technical analysis that work elsewhere in the market simply do not work with gold. I have no doubt gold will turn big time someday. But how low we might go before that glorious day is anybody's guess. We could be near the bottom now, or the XAU could be headed for 30-35.