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Gold/Mining/Energy : Southwestern Gold -- Ignore unavailable to you. Want to Upgrade?

To: C Hudson who wrote (235)2/1/2002 10:53:58 PM
From: TrueScouse  Respond to of 585
 
Part of the difference (apart from the fact that it was the only one that went down :^) is that it's not purely a gold stock. It holds 50% of Canabrava (diamonds), about 20% of Aurora (PGMs), and a number of its other properties are base metal plays as well as pms. I've been telling myself that this adds diversity to my pf ! Despite the poor performance recently, I still think it's a quality stock that will do really well once the bull takes off -- and remember that the bull's not taken off yet.... just snorting a bit...

Regards,
Howy



To: C Hudson who wrote (235)2/1/2002 11:25:29 PM
From: charred  Read Replies (1) | Respond to of 585
 
Many properties with very little success. This company had over 60 million in the bank. Now they have become a mutual fund of junior companies.

What I don't get is they close a private placement of 3,000,000 then three months later they buy back their stock. Is someone getting a position with SWG the cheap way?

I sold this a long time ago.

Poor track record.


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