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To: prosperous who wrote (49714)	12/20/2000 1:07:43 PM
From: Thomas M.	Read Replies (1) \| Respond to of 436258

Message 15054843

To: prosperous who wrote (49714)	12/20/2000 2:23:21 PM
From: pater tenebrarum	Read Replies (1) \| Respond to of 436258

yes. the big funds like Fido tend to avoid the SA gold stocks i believe. ABX and PDG are among the top market cap stocks in the sector and are more liquid. i think that's the main reason. however, smaller funds specializing in PM stocks, like e.g. Toqueville, buy what they think are the best stocks, regardless of such considerations. imho, it doesn't get any better than GOLD and HGMCY...unhedged, enormous leverage to the PoG, and huge reserves, coupled with a 'political risk' discount(that tends to be only remembered when gold isn't going up). so you have three aspects adding spice once the PoG moves for real.