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

To: Wade who wrote (16310)	8/10/2003 2:49:20 PM
From: Louis V. Lambrecht	Read Replies (1) \| Respond to of 39344

You can be right the trend, and a losing bad timer. Ask me! <ng> Most of the people here are expecting more return from explorers/would be miners than from widely known companies. IMHO, they are right. About 12 hours to go for the open, I am spreadcheating on returns I could expect (on this rally I do not expect to last for more than 3 weeks) in the near term, and still be in the run should I be wrong. Real rally, IMVHO, will be topping in Dec to Feb. But that is a long time away, correction expected in between. In the next (three?) weeks, I rather make some doubles on more riskyier plays than commit capital to the more stable ones. FWIW: I have been warning about SA plays for months, now, as you always better buy when nobody wants them, I am evaluating entries for SA and AUS plays for next Spring timeframe. Rand can't go up forever, unless Dollar tanks for good. If Dollar tanks for good, any miner play has good odds. Be simple. <vbg>