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


To: Little Joe who wrote (3448)5/2/2002 12:30:38 AM
From: ms.smartest.person  Read Replies (2) | Respond to of 39344
 
Hym-o-gym

[Yesterday] My Hym-o-gym (Him-o-Jim - aka husband, Jim) received an ad for T. Buckley's Book and asked me to find all possible silver miners and print out information for him. I spent much[all] of last night and came up with 2" stack of printouts, but only a small list of miners [with a tiny bit of help from one P&B poster]:

BAY.TO ... CORNER BAY SLV
CBD.TO ... CUMBERLAND RES
CDE ...... COEUR D'ALENE
CZN.TO ... CDN ZINC CORP
HL ....... HECLA MINING CO
IMR.V ... IMA EXPL INC A
MFL.TO ... MINEFINDERS CP
OXUSF.PK . OXUS MINING
PAAS ..... PAN AMER SILV
RPD.TO ... REPADRE RSC
SIL ...... APEX SILVER
SSRI ..... SILVER STD RSC
TNK.TO ... TENKE MINING
WRM.TO ... WHEATON RIVER
WTC.TO ... WEST COPPER LTD

So much time and so few symbols [some of which we already own] ... am still hunting, but would welcome anyone adding some names/symbols or a good source for info on silver mining companies.

[IMR was listed on a mining site under silver, but they appear to be primarily gold. BWDIK]

Merry



To: Little Joe who wrote (3448)5/5/2002 1:53:10 AM
From: Little Joe  Read Replies (1) | Respond to of 39344
 
Time for Caution??

I have spent a few hours looking over charts and other technical data. I am more convinced now that we are near a correction in gold and gold stocks.

Reasons as follows:

Gold is about 312 upside target is 320 based on breakout of head and shoulders bottom. It is in a resistance area and has heavy resistance in the 325 area an important high.
EWI says resistance is 316-320. Also calling for a turn soon.
HUI broke through at 100 next resistance is at 125
XAU next important resistance is 90.
ASA is about 35 is into a resistance with major resistance at 40.
ABX is around 22 and next important resistance is around 24.
AEM is trading at 15 in a resistance area and there is moderate resistance up to 20 which is an old high, and should force a correction if not before then.
Newmont is around 30 and there is important resistance here and at 35 and 40.
This weeks Commitments of Traders shows commercials have sold into the rally and they are now nearing extreme net short position.
Sentiment indicator that I monitor is 66 percent bullish on gold.
EWI quoted sentiment indicator over 70. Getting high.
Worden Brothers gold stock index is currently in 480 area with important resistance from 500 up to the all time high at 550.

I think the response to the anticipated resistance areas and the overbought condition is crucial. If gold-gold stocks have a minimal correction, we are good to go. If it stays above 50 day moving average on this correction, that in my mind is extremely bullish. I would not reevaluate my long term position unless gold dropped below 297. If this happens I am nervous. If it breaks 290, I am out- and maybe short through puts.

Little joe