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

To: lbs1989 who wrote (1236)	6/3/2001 10:02:51 AM
From: que seria	Read Replies (1) \| Respond to of 4051

There is something to be said for Buffett's approach of having fewer stocks and bigger positions than most funds opt for. Theory: Have enough to matter if it moves, and maximize the move by concentrating funds in what you think are the very few best companies meeting your criteria. Diversification ordinarily is crucial if you buy junior gold shares, given downside risk. I believe an exception is a company that has a very low cost deposit already economical at current gold prices, the promise of more there or elsewhere, and very little cash burn as it waits on the gold price and a buyout. But it has so much cash that it can fund considerable activity from interest income, and could develop its property if it had to. So Francisco Gold is my only gold stock--about 15% of the portfolio. I'm not recommending such concentration to you, but with $50k or less I'd buy no more than 5 stocks, and not see cash as trash. My own view is that I've picked a vehicle likely to deliver a high return if gold moves, I have exploration and buyout upside even if it doesn't, and I have some low-cost deposit protection if gold stagnates or falls. Agree with Bob Johnson about silver.

To: lbs1989 who wrote (1236)	6/3/2001 1:29:15 PM
From: goldsheet	Respond to of 4051

Finally found my "portfolio" post from December 2000 ------- Forwarded message follows ------- Organization: GOLDSHEET/COINSHEET Directories To: GoldWorldNet@egroups.com From: "Bob Johnson" <rjohnson@prodigy.net> Date sent: Sun, 10 Dec 2000 21:01:46 -0800 > what specific stocks do you like at the moment? Claude Cormier and I talk quite a bit so there is probably a good overlap between what I like and what he has previously mentioned. Aurizon (nice Quebec play, along with Richmont) Billiton plc (maybe an Anglogold takeover ?) Breakwater (a good play on zinc) Central Fund of Canada (wider than average discount) Dundee Precious Metals (huge discount, and Hope Bay play) Gabriel Resources (growing reserves) Glamis (integrated Rayrock very nicely) Goldcorp (Red Lake is probably going to produce above plan) IAMGOLD (38% of Sadiola run by Anglogold = cash machine) Meridian (El Penon in Chile, one of world's lowest cash cost) Repadre (royalties, plus a good play on Ghana) Rio Narcea (Spain, Barrick takeover ???) Royal Gold (royalty on PDG's Nevada Pipeline complex) Viceroy I'd probably buy a little Apex or Pan American as a silver play, along with Claude's Corner Bay. Francisco is another good one from Claude.

To: lbs1989 who wrote (1236)	6/3/2001 10:36:01 PM
From: d:oug	Respond to of 4051

"... saving the best for last!!" lbs1989, My posting on this thread if it was moderated, would rightly be limited with me spending time in a Gold and Silver Mine Jail on and off. Imagine doing Time, while drinking water from a silver cup and eating bread off gold plates. Not only do i not hold an shares in you first cut list, but i really really really only recognize a few names without any insight into them. My only purpose on this and the Gold Price Monitor Thread is to monitor what is knowed as Battles between Good & Evil. The actual price of gold for me is not in itself an issue as regards to those penny gold mine companies i have invested into, as for wheather or not any of them end up be successful or not is not where my interest lies, but rather the road to a conclusion. The trip, the climb up a mountain, or the fall down from a mountain is to me what this Silicon Investor activity is for me. I'm more than willing to let the Good/Bad Times Roll just so that i can say to myself that i fought and tried to make a difference based on what i believe to be important, a.k.a. my agenda. Example, my contact with one penny mine i invested over 1/2 of a hundred thousand holds a place in my heart very close. While at the same time i have invested only lunch money into another penny mine that i will spend more than lunch money to do a scorch earth number on it so as to deny bad evil people from obtaining its rewards. To me good v evil is a war, and as we all know the first victim: TruTh, the second: Innocents. "... am still considering Tyhee." no no no, that was tongue in cheek. This Tyhee was another named company that had all its eggs in a Mongolian basket that contained rotten apples. Its share price now is about in usa dollars 20 cents, and this after a 20:1 consolidation, meaning that my original shares are now worth about a penny. This company for me is a "joy" in that good will win over evil. No chance for you to buy into it since you will find no information outside my posts on its thread to do so. Its highly speculation at this time and you would need to have the history of the land it now has under exploration, along with a character reference sheet of its president Dr. Dave Webb as to his ability to make correct mineal mining decisions. As for a Tyhee share price being Canadian 30 cents, which seems lots more than that single one penny it would have been, this is where i have next to zero insight and interest in trying to understand how that 20 to 1 reverse split takes a share price up in value while at the same time reduces the number of share sold by 20. Of all my penny shares, i have bought based on price and never looked at how many actually exist. Lots of talk has been done on floats naked shorts longs etc, but its mainly using these terms by people who already know the role they play. Now if you reallllllllllllllllllly want to make a fortune of money, to buy shares in a usa company that does have a gold mine association in an extraction process, then do i have a deal 4u. yessssss indeedie hard 4me to contain my eXcitmint a nickel a share 5 pennies buy using e-trade commission of 20 bucks a pop but you gotta hurry gonna be re-listed aSoon from the Land of Pinks 20 for a dollar Haber Science HABE haberscience.com uWait n c d:oug