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


To: jimsioi who wrote (7958)2/19/2003 9:12:35 PM
From: crustyoldprospector  Read Replies (1) | Respond to of 39344
 
Hi jims,

Well, MDG sure took a boner with that bad press Tim Woods gave them in Miningweb a few months back. I'm sure that got a few of the institutional holders upset for a few months. But to where do the institutional guys run for their pure gold play? It is going to take time for Lassonde to get NEM flying the straight and narrow, ABX and AU are sticking with their hedges, GLG and GG are still the "little guys", AEM will forever engineer their way to incremental growth without value, and PDG will always be PDG, first to explore and first to leave. South Africa is a political mess, so that puts HGMCY and DROOY at disadvantage. Until NEM gets straightened out, I say MDG is still the leader. By the way, it put on a good performance today.

If the dollar goes to 95, we will see a solid $370 gold and 200 HUI. I see that as a very real possibility come April/May.

IMHO,

crusty