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


To: Fun-da-Mental#1 who wrote (7666)2/12/2002 7:29:09 PM
From: Frank Pembleton  Read Replies (1) | Respond to of 36161
 
F-d-M#1, personally I think Kinross is still trading too actively to safely take a position in. In Toronto it traded over 4 million shares and it closed down 3 cents - that doesn't say much for the ST direction of this stock. Better hope for some strong Asian gold buying tonight because otherwise you'll become a LT holder of this stock. FWIW ain't such a bad thing anyway.

I think our next run up is at the "last" BOE auction, barring a new economic collapse somewhere in the world.

Regards
Frank P.

Oh! Just in: RobTv just reported that Merrill cuts Canadian bank ratings -> B-I-G downgrade ... Bank of Montreal was rated a sell!