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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?

To: Elizabeth Andrews who wrote (2461)	3/16/2002 1:11:57 PM
From: loantech	Read Replies (2) \| Respond to of 39344

Good Morning Elizabeth, Results of the first drilling targets will be out on Monday for GNG. Would you mind giving the board your spin on the numbers? Of course I can only pay you in pizza and beer. Tom

To: Elizabeth Andrews who wrote (2461)	3/16/2002 2:14:19 PM
From: tyc:>	Read Replies (1) \| Respond to of 39344

>>>Posters should promote the stocks that they are long or short that they belive in. But they are then open to the fair scrutiny of the rest of us Is this going to provide the best Leverage to the price of gold? Kinross produces about 1,000,000 oz of gold per year. I think it has ~ 350,000,000 shares fully diluted. C$1,000 invested at the current price of $1.65 gives you 1.75 ounces of production,... pretty good leverage ! Northgate (NGX.t) says they will produce 295,000 ounces this year. After the ongoing recapitalisation is complete, I think there will be ~129,000,000 shares outstanding fully diluted. $1,000 invested at C$1.30 , should give you the same 1.75 ounces of production ... so the same leverage to gold prices as Kinross (but at a lower cost per ounce). But wait ! The new NGX capitalisation will include the issue of long term warrants. These four-year warrants will provide leverage to the price of the common shares, and thus even higher leverage to the gold price. It seems to me an arbitrage situation relative to the rights issue has driven down the price of the common. Tell me if you want more detail.

To: Elizabeth Andrews who wrote (2461)	3/16/2002 8:49:41 PM
From: d:oug	Read Replies (1) \| Respond to of 39344

"One's job/work is not finished until the paper work is done." Besides that unmentioned reference for the above, another is what we all know as a gain or lost is just talk until the actual selling of held common shares is executed. For sure one could say "Duh Doug, ya and whats your point?" My point is a simple one in that i only mentioned common shares, and the following post of today has me totally clueless on these other types of paper(s) available. For sure i and maybe lbs1989 are the only ones here still learning 101 stuff :o) To:Elizabeth Andrews From: tyke Saturday, Mar 16, 2002 The ngx warrants... ... will therefore definitely trade... ... and IMHO they will be dynamite, because of the leverage to gold prices that... ... shorting the stock simply to acquire these warrants ... the rights are underpriced because of the... [end.] For myself, the following points of (1) ... because of the leverage to gold prices that... (2) ... shorting the stock simply to acquire these warrants (3) ... the rights are underpriced because of the... [end.] are the stuff far exceeding my 101 level of learning, but i got bit in my rear end with something called perferred. I did ask for help on the Raging Bull company thread, but the common share price of this desert dirt company having many US billion dollars of precious metals on site, is on the Pink Sheet under 3 pennies (33 for a dollar), and seems no one wants to help me except them bashers we all unLove at Raging Bull. So might i get help here for the following. ++++++++++++++++++++++++++++++++++++++++++ Maxam Gold (OTC: MXAM) By: gotmilk 15 Mar 2002 ... 1. What is an LLC 2... ... in front of my eyes are these letters that my friend tried to transfer from their Boston Stock Cross account into their E*Trade and got message like its gonna cost you $150.00 for each. So any chance you know what a $300.00 moveing will do when all i see is N/A after both? 500 MCM Custom Milling Restricted N/A 5,000 Maxam Gold Corp PFD Restricted N/A © Copyright 2002, Lycos, Inc. Lycos® is a registered trademark of Carnegie Mellon University. ++++++++++++++++++++++++++++++++++++++++++ Message from Elizabeth Andrews ... wouldn't split the Precious and Base Metals...[end.] Anyone willing to summarize what base metals are strongly linked to gold or silver mining? I think gold is a byproduct of gold mining. Also heard lead is connected to silver. Is copper, zinc, aluminum etc on anyone's watch list for short or long term investments? Any company names that fit into catagories as explorers only, or is that only done for precious metals since base metals are already found or located in great amounts easily, and the demand will always be lower than already identified sources under the dirt that can be quickly mined? Seems base metals are like cattle, pork belly-buttons and grains that respond to demand quicker than other commodies that have long start-finish cycles like oil and do not require much focus and speculation like gold. But then with CNBC telling us all that economies are on the upswing that will require lots of raw materials to feed what will be boom times, versus the Iraq soon to be invasion by the USA causing oil to be desrupted, or the soon terrorism against the USA food chain and water supply, and Area 51 has just got a message demanding return of the alian spacecraft else planet Earth will be attacked, and and :o) d:oug