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


To: loantech who wrote (20221)10/13/2002 5:01:27 PM
From: SliderOnTheBlack  Read Replies (1) | Respond to of 36161
 
Loantech..re: Gold Stocks

I think most of us like the usual mainly unhedged suspects:

NEM GG AEM GLG MDG KGC - No Amer Golds

HGMCY GFI DROOY - So African Golds

PAAS CDE HL SIL - Silver Stocks

FCX - gold/copper - huge reserves...discounted due to Indonesian political risk...which may get worse.

I don't follow the small/micro caps/ Jr/Explorers as much as others do... small caps - KGC/DROOY CDE/HL give me plenty of volatility & leverage.

For an initial entry/basket - If I had to limit it to 5 stocks - perhaps NEM GG HGMCY KGC PAAS....weighted in that order; which gives you some Lg/Med/Small Cap balance; with No Amer weighted safety, but a little So African/small cap leverage; with PASS as imo, the most solid/safe risk vs reward Silver play.

Go slow, be patient, don't get greedy; ease into this pullback - use & gap limit buy orders if this is an intial forray into the sector.

Good Luck