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Gold/Mining/Energy : Nuvo Research Inc -- Ignore unavailable to you. Want to Upgrade?


To: David Graham who wrote (6795)2/23/2001 6:42:07 PM
From: Mark Bartlett  Read Replies (1) | Respond to of 14101
 
Hi David,

OT

I just have a few Corner Bay Silver and some Geomaque - both are good long term holds IMO.

The metals market is so beaten up, that buying the stock is almost like buying an option without an expiry.

In any event - I like the metals and some good $$$ can be made there when the market in in the right mood.

MB



To: David Graham who wrote (6795)2/24/2001 7:19:06 AM
From: Tom Gordon  Respond to of 14101
 
David,

Excellent hedge against this dreary scenario of markets.
I've been buying the same co.
When we last had a recession scare(1998) I bought 2k of ABX@ 18.50 and sold off at 23.00.
Three weeks later it was over 30.00 , month later it was 34.00-36.00.
I think these global central bankers are going to find out sooner rather than later that they made a big boo-boo in selling and depleting there reserves to bolster there currencies when they had to par up with other currencies when the Euro came into being.
Time will tell, just a good measure of insurance I believe.

Regards TG.