SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG -- Ignore unavailable to you. Want to Upgrade?


To: LAWRENCE C. who wrote (956)10/30/2003 10:49:14 PM
From: Wade  Respond to of 48092
 
ASA was the first gold stock I bought back to early 1993 when I started buying gold stocks. I bought it because I didn't know any other gold stock. The second one was NGC (converted to NEM in year?). The third one was AEM. It had a different symbol which I forgot about it. The combined profit was more than my 1 year salary<VBG>.

I really like NEM's Q report. It showed us their earning power. I made simple calculation based on the same Q output at $400, $500, $600..all the way to $1200 POG to estimate the earnings. I was impressed. Well, that is just my blue sky wish. Good luck.

Sincerely,
Wade



To: LAWRENCE C. who wrote (956)11/1/2003 10:26:49 PM
From: Wade  Read Replies (1) | Respond to of 48092
 
The last time I own GLG was back to 96. Somehow I lost track of it until it was too late for me to play catch-up. What a run since 01. But, I feel there are still opportunities for me to hitch a ride<G>.

DROOY and S. A. gold stocks in general suffered high Rand values. I own some SOA to off-set the weakness of my ASA holding. I will get back to DROOY when it is ready. In general, I think S. A. will be a shining star in the years to come. Good investing.

Sincerely,
Wade