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


To: TrueScouse who wrote (1041)5/18/2001 6:47:30 PM
From: russwinter  Read Replies (4) | Respond to of 4051
 
Howie, the move in POG came on about two hours before closing. Of course our junior names are thin so anything that caught a bid popped, most 10-25%. I bought some MOY at 42.5 (actually all time low) about a half hour after the POG move, and then it quickly traded up to 55. Don't worry about SWG, it will catch bids early next week. I think the junior move will be broker driven, and as they start to realize this is for real, they will jump on this bandwagon in a feeding frenzy. They will have to generate (initially)the customer calls though. Today's action happen too fast and late for much of that. Are there are any brokers out there to give us a read?

I'm culling over my list to try and pick off quality laggards or otherwise, and really feel despite the fact we are well off the bottom of late 00, this is just a taste of things to come. Besides MOY and SWG I'd mention:
YMC.u (although I have an AON in at 20, and will screw that up if this creates buying),
Birim (BGI) will come back to life, just too high quality.
Tenke (TNK) has to be up there if you can get it under a buck.
Solitario (SLR) was actually down today, and is not much above cash in the treasury (45 cents), jump all over that one.
Corner Bay (BAY); dip? train is leaving the station.
Madison Ent (MNP) is really one I'd like to throw out for discussion. How can Mt. Kare have a US 2 million enterprise value with POG approaching 300?
Cumberland (CBD), barely scratched the surface
Ditto FGX (market will not yawn at pending drill results this time), MFL and GEO with POG at 288.
Freewest (FWR): will this one catch a wave if they hit more Clarence Stream holes? Of course, may anyway.
Great Basin (GBG); why has this been so ignored, they already have over a million ounces next to Midas and they are drilling a deep high potential hole.
IMA Exploration (IMR): these guys are loaded. EV is a mere US one million.
Gold Reserve (GLDR): should they being trading for pennies over cash in the treasury?

Let's go everybody, get to work this weekend on this. I went first, step up to the plate. If this move doesn't make you hard in certain places, try Viagra cause I give up.

Two bits, four bits, six bits, a dollar, all for ole Junior stand up and hollar, yeah team.