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


To: Pacing The Cage who wrote (12296)6/12/2003 11:13:13 AM
From: russwinter  Read Replies (1) | Respond to of 39344
 
I've lighten up on the sector for a reason. I'm respectful of the huge commercial short in POG, and want to see that cleaned out. So my thinking is macro, not micro. WHT is still an inexpensive stock, so maybe it won't come down much? I haven't really given much thought to a buy level because that's not what I'm looking for, and I still have plenty. But, unlike a lot of juniors, time and cash flow is working for WHT not against them, but they may sell off some in the event (likely in my view) POG trades lower. So far the gold stocks have done relatively well in the POG retreat though. So my answer to your question: no strong feeling, inconclusive, just don't know yet.

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