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

To: LLCF who wrote (17064)	8/18/2003 2:17:05 PM
From: Davy Crockett	Read Replies (1) \| Respond to of 39344

nice well thought-out post

To: LLCF who wrote (17064)	8/18/2003 2:33:07 PM
From: Cogito Ergo Sum	Read Replies (1) \| Respond to of 39344

My reason for accumulating: I believe we are close [a few years?] to a major move in POG based on economics discussed by many here. And the rest of the post BTW. Thanks for explaining my spidey sense to me :o) The common should be great (IMO) if / when gold breaks out. A cheaper play on the LT trend I hope as I bought last week ACB $0.46. regards Kastel

To: LLCF who wrote (17064)	8/18/2003 2:33:37 PM
From: tyc:>	Read Replies (1) \| Respond to of 39344

Thank you. That is the best response that I have ever had to a question ! I myself was wondering whether current warrant price could be a result of the "unwinding" of long warrant/short stock hedge positions. Is it feasible that when the stock was listed on the Amex without the warrants, there was a scramble to cover short stock positions simply because the hedge was no longer working ? That would leave them holding surplus warrants without a purpose ?

To: LLCF who wrote (17064)	8/18/2003 7:11:07 PM
From: tyc:>	Read Replies (1) \| Respond to of 39344

FWIW (and in final destruction of credibility) In a recent post, you invited comparison between NGX and WRM. Here is a chart that does just that. It values NGX in terms of WRM. At its peak, NGX was worth 1.55xWRM today it is worth only <1 x WRM. If you think the chart looks bullish, that NGX is going to go up relatively, then NGX is the better buy for you. stockcharts.com There was some discussion today "wishing" we could eliminate the cash intermediary. Comparative charts like this (of course coupled with FA) allow me to do just that to my satisfaction; to measure an asset in terms of another asset. It is not necessary to measure the value of assets in dollars.... even though one cannot avoid two commissions to trade them. My subscription to Stockcharts has sure been worthwhile, if only for this relative strength facility.