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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: Roebear who wrote (1008)9/3/2001 10:15:28 AM
From: ldo79  Read Replies (1) | Respond to of 36161
 
For those who have the need for more news/info regarding gold:

321gold.com

An interesting and timely (although written 8/00) explanation on the dollar/gold relationship:

m1.mny.co.za

Good Stuff!

Regards,
ldo79



To: Roebear who wrote (1008)9/3/2001 1:55:51 PM
From: Bert  Read Replies (2) | Respond to of 36161
 
Africa is unstable in general..I'm sticking with NA gold companies..

news.telegraph.co.uk

Bert



To: Roebear who wrote (1008)9/3/2001 8:55:48 PM
From: Frank Pembleton  Read Replies (1) | Respond to of 36161
 
Things continue to look "unwell"

Roebear, agreed -- sometimes it's hard to take, every day same $hit. Somewhere in the world a market is moving downwards in 3% increments.

Oh! By the way, I was re-reading our little battle this morning, and realized we had a good old fashion (albeit stealth) bull/bear debate over the price of natural gas. :)

I'm not sure if Grasshopper snatched the pebbles from your well worn but masterfully skilled hands, especially after I started examining the prices of NG and the stocks that are pure play NG producers. I'm thinking the timeline that's important is 1998 where in similar circumstances the Russian/Chinese were being affected by monetary tomfoolery.

In that short period, we suffered through sub $2 NG (oil was at $11) yet looking at Anderson Exploration the stock seems to move throughout the winter period in an up like trend. Could it be different this time?

At the moment, I'm guessing that NG has bottomed, but in order for AXL.TO to be in my buy zone the stock needs to fall closer to the $20 mark (in relation to the NG chart), which would put it in the oversold category. IMHO, we should see this in the first or second week of December.

tfc-charts.w2d.com

finance.yahoo.com

There are a few more NG pure plays that are essentially unhedged and are total commodity plays; Alberta Energy and Rio Alto to name two more.

Comparison Charts:
finance.yahoo.com

finance.yahoo.com

Anyway, I'm looking forwards to your remarks, please be critical.

Regards
Frank P.