To: ralfph who wrote (538 ) 4/6/2001 12:39:14 AM From: marcos Read Replies (1) | Respond to fn.to - Message 15601585 stockcharts.com - short-term it looks like a person could get it cheaper later if he wanted some .. ?? ... but this is a quality company, i've always been impressed with how they handled the royalty model ... used to follow en.to before they amalgamated, held it sometimes .... lately i haven't held any majors in the golds, preferring instead to use a much smaller portion of PF to hold juniors with proven deposits and/or [mostly and, not or] the nearterm prospect of drillbit success .... they give bigger leverage, and if gold is insurance they give a higher payout to premium ... however the majors move first in a PoG move, and a person can in theory roll out of them into deserving juniors on the way up .... but this only happens if there is a way up for the PoG, and lord only knows on that .... there does seem to me to be a possibility that the Dubya government could relax the high-USdollar policy of recent years ... but it's another of those things you don't want to hold your breath on.stockcharts.com - this does look good ... a higher low there on Wed morning, didn't spend long below its 50-daythe cups half empty syndrome that kicks in part way through most years ' - yes, the seasonal cycle thing ... most springs there is a selloff about now from the peaks of the January/rrsp effects .... but it went the other way for the tech market since New Year's day this year, i wonder if the norm applies in this case .... could be that instead of the panic buying easing up it'll be the panic selling easing up ... ?? ... but a big Naz rally direct from here, like 40 or 50%, i doubt it .... takes longer to change psychology than that, all the instant communications have speeded up many factors in markets but we are still human beings.
