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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG -- Ignore unavailable to you. Want to Upgrade?

To: Wade who wrote (952)	10/30/2003 7:36:46 PM
From: Wade	Read Replies (3) \| Respond to of 48092

I loaded up NEM and plus some ASA and GG when I saw weak POG today. I didn't pay too much. But, still turned into red.<VBG> The reason I turned ultra bullish on NEM is their latest earning report, of course I know my view is in sync with several big gold gurus. What I saw is that it is clear that NEM is a low cost producer and cash machine. Let's assume if POG really hit all time high and plus some, or you call it blue sky. Which one is going to be the richest mining company? It is obviously NEM. They are going to generate tons of real cash instead of holes in the ground. Their cash position is the ultimate power for acquiring the most promising candidates, these mergers will propel them to even higher level of valuation. The best gold stocks should be those with real earning powers when POG approaching its 7-year high. Naturally, you have to believe that POG is going to da moon before you buy NEM. Otherwise, its price is very expensive already. Good luck. Sincerely, Wade Wade