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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: Cogito Ergo Sum who wrote (91545)	6/14/2001 2:52:47 PM
From: ItsAllCyclical	Respond to of 95453

>> I was looking for funds that held Kinross << Actually I'm quite pleased that institutional ownership is only about 10% here. When I first examined KGC back in March after Slider's mention I was glad to see that most of the funds had already thrown in the towel when it went sub $2 and sub $1 respectively. Fund ownership of KGC has nowhere to go but up. It's been thru it's sub $1 and delisting concerns and it's nicely higher today. If/when gold prices go over $300 again, funds will be tripping over each other to get an initial position in KGC. Like the technical action on CDE short term. Got some at 1.55 and 1.57 today. Should re-test 2 on this next run. If you look at HL and PAAS they both broke up coming out of wedge formations and are retesting recent highs. CDE is lagging, but looks to break soon. Closing above 1.75 will send it back to 2 pretty fast.

To: Cogito Ergo Sum who wrote (91545)	6/14/2001 3:04:39 PM
From: Frank Pembleton	Read Replies (1) \| Respond to of 95453

buck vs the greenback are making me a believer in dip buying (re: PM's). Buying the dips is getting me into deep doodoo... As of the day before yesterday I hold 23000 shares of Miramar(sigh). I would dearly love to sell the peaks(sigh). I get an upset stomach whether the stock rises or not...(sigh)... For the oils, my dumping of Husky Energy is neither here, nor there, -- the stock price is being sheltered by the weakening US dollar. BTW: I'm lukewarm to O&G, but the drillers are really going to rock. I don't believe that drilling is going to stop at $20 a bbl, and it certainly won't at $25. If we have an extended period of moderate prices I think the majors will make a substantial investment on new and better equipment -- since they are drilling deeper at more remote locations. See my previous posts for the news clippings, if you don't wanna believe me <ggg> Regards Frank P.