Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Strategies & Market Trends : Natural Resource Stocks -- Ignore unavailable to you. Want to Upgrade?

To: Andrew who wrote (2802)	10/31/2003 2:33:11 PM
From: jimsioi	Respond to of 108925

Andrew, added more QRL this week... Only miner I increased position in...My thinking is that once the restricted shares have all had there holds lifted (November 4th) the stock will seek a higher level, and be very responsive to higher gold prices down the line given their relatively high production cost per oz....An increase in Gold price will thus have a significant percentage and actual impact on earnings....If they prove up more reserves all the better....Pinning my "hopes" on that team's ability to deliver...so far looks promising..