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


To: russwinter who wrote (2135)9/16/2001 2:57:02 PM
From: marynell  Read Replies (1) | Respond to of 4051
 
Franciso Gold Corp. should move quickly if gold moves up because the funds will buy it. FGX has proven deposits unhedged. If gold really does move, then the fund managers will get serious about hedged and nonhedged, quality and non-quality juniors. FGX is the cream of the junior crop, and therefore the top candidate for fund buying.

FGX is my largest holding, but I also have a lot of Nevsun, which also has proven deposits.

I'm considering buying Corner Bay Silver. Any ideas on other juniors with a deposit and leverage to gold and silver?



To: russwinter who wrote (2135)9/16/2001 4:01:54 PM
From: Crimson Ghost  Read Replies (2) | Respond to of 4051
 
Russ:

That bit on Greenspan and the gold shorts was a rumor publicized by Bill Murphy I think. He said Greenspan had told the gold shorts to cover by the end of May. Was totally wrong. Gold and gold stocks peaked around the the end of May and dropped sharply in subsequent weeks.