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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: nspolar who wrote (33153)	10/14/2003 10:03:34 PM
From: A Horse With No Name	Read Replies (2) \| Respond to of 36161

thanks for the update. roffey's analysis is really bullish. maybe its time to buy the south african gold shares. DROOY, HMY, GFI, AU, ASA. in the previous bull market these companies gave awesome dividends. maybe history will repeat itself. the reason why its making sense at this juncture is that gold when and if it goes over 400 dollars will make (physcologically or in reality) the appreciation in the rand feel much less threatning. saville did a study some months ago on the best projected performance among stocks based on a 500 gold price and mostly he came up with south african shares like drooy and hmy.