Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: loantech who wrote (8229)	3/4/2003 1:03:57 PM
From: Fishfinder	Respond to of 39344

DIDO That Tom with exception to SDJ. That has been my best gain, to russ's shagrin. But "say la vue" Scott

To: loantech who wrote (8229)	3/4/2003 1:53:42 PM
From: jrhana	Read Replies (2) \| Respond to of 39344

To the public here, I would also like to add the request What if any US marginable PM stocks do you (the learned forum)like? GLG GG MDG RGLD AEM ???? NEM ABX???? PAAS SSRI???? MFN??? On the last run stocks like GG GLG and MDG all were outstanding. Now I have much less in margin and much more Canadians but.... Old habits die hard. I wish stuff like Fl.To were margnable here; it is on a nice quiet little move

To: loantech who wrote (8229)	3/4/2003 4:50:29 PM
From: Silver Super Bull	Read Replies (2) \| Respond to of 39344

RE: <I DON'T KNOW IF OTHER LURKERS AND POSTERS HERE REALIZE THE SIGNIFICANCE OF RUSS'S PICKS THE LAST YEAR OR SO. HE MADE GREAT CALLS ON Eldorado, MFL, Nevsun, CBD, WTC (before CC), AND MANY OTHERS. > He also was massively pounding the table on natural gas when it was a hair over $2 about a year ago. A phenomenal commodity call, one that has gained 3-4x (depending upon whether you look at the front month or second month) in a year's time.

To: loantech who wrote (8229)	3/4/2003 5:00:36 PM
From: ms.smartest.person	Read Replies (1) \| Respond to of 39344

Tom, FWIW, I like MNG - for several reasons, including: 1) Gold Producer: Yellowknife area, 2 mines with substantial reserves and resources (estimated 360,000 ounces); annual production (2002 forecast) 130,000 ounces; 2) Low cost producer: US$250/ounce; 3) Hope Bay: a largely unexplored area with significant inferred resource and reserve estimates. (2,648,000 ounces) 4) NO DEBT! 5) C$60 million CASH! 6) Likely candidate for a buyout by a major. http://www.miramarmining.com/mainpages/faq.shtml Miramar Reports on Progress and Achievements for 2002 and Looks Ahead for 2003* Monday February 17, 7:30 am ET Updated Resource Estimate For Hope Bay: Year End Operational Results biz.yahoo.com

To: loantech who wrote (8229)	3/4/2003 5:01:39 PM
From: russwinter	Read Replies (1) \| Respond to of 39344

Thanks for the nice words. I have had a very hot (you missed some <g>)and profitable hand in this sector, but should also remind you of the land mines (GNG, and lately GBU) I've stepped on occasionally. It's not an easy instant gratification thing being in gold either, as even some of my biggest winners often involved watching alot of paint dry at times. On POG: The COT numbers suggest the spec community that ran POG up to 390 is largely gone. I'm neutral on POG itself, see a 340-360 range, although going higher than that wouldn't surprise me. I do see big opportunities opening up in select stocks though. I'm getting pretty lathered up about it. I think the so called wait until after Iraq to buy BOB (bombs over Baghdad) opportunity is just too cute, and coy. Markets don't usually reward that. We may get a one day wonder (and gold down) before people realize how serious this is going to be. But we may not even get that, we may just get strong action in GOD (gold, oil/gas (energy), defense/security), and trouble elsewhere. I'll give big odds, that the folks waiting for some obvious entry point will completely miss out, or get trapped in the wrong investment. You'll want to be in GOD, BEFORE BOB, and take a punch if you have too and if there is one. I think you have about two or three more trading days to get situated too. The sweet spot in the market are advanced stage companies with bigger low cost deposits. That's where most people should be putting their money. I mentioned WHT yesterday, and I'll mention GBU again. I've been averaged down every day since the break in GBU, including today. @2.95 GBU, the mkt cap is 225m US, they have US50m cash, so the market is pricing 11 million low cost oz($115 cash cost) in a very advanced project with huge further district potential at 175m. No f---g way, and I don't care if a buck or so comes off of NAV, because of higher capex. This one will just get bigger this spring anyway, and is an absolutely astounding entry point. People will be doing a bunch of shoulda, woulda couldas on GBU down the road. You mentioned MNG. Absolutely, don't own it yet, and may be getting too cute like most people about these stocks?. I've conditioned myself like everyone else to try and get free looks at drilling results. Screw it, I'll take half a position in here, and buy the rest later on the free look premise, if I get one. NGX is in that genre also, I've looked at it closely, but have sort of passed. I'm sure it's OK though. I'm getting more and more excited about GBG also, although I've held it for a long time. Yes, buy it. I'd mentioned MOY again, it keeps trading below .80 (a few of those trades are my buys), it'll play a role in the NEM projects in Ghana, and I think by being taken out. There are some very undervalued and active exploration projects going on as we speak, CQR and RMX among the best. I'd stay with high profile addresses and names though. The others (and there is a alot of activity, somebody's going to make a discovery or two IMO) will probably give the crowd here that is paying attention a free look. AAS, another obvious name pre-merger is going develop a mine. If you own it, HANG ON. I've also repositioned out of some other stuff in the last few months, weeding out names that are slow mo, or seem to pull the trigger on inside dilutive and rather self serving PPs (or both). Those names are rather obvious, get rid of them, say screw you to them, and refocus. The Nesbitt conference had presentations from AGI, WHT, MNG, and NGX. 66.207.210.50