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

To: JakeStraw who wrote (1034)	11/21/2003 7:56:39 AM
From: Wade	Read Replies (2) \| Respond to of 48092

Guys, I think ABX "probably" will shoot to the moon<GG>. Wade Reuters Barrick says to abandon gold hedging Friday November 21, 7:16 am ET LONDON, Nov 21 (Reuters) - Barrick Gold Corp chairman Peter Munk said on Friday that the company, which has one of the largest gold hedgebooks in the industry, was no longer committed to selling gold on forward markets as it was now cash rich. The world's second biggest gold miner said it would not hedge gold for the next ten years. Gold's rise over the last couple of years to levels last seen in 1996 has largely followed from miners buying back previously hedged positions, although the pace of so-called de-hedging is slowing.

To: JakeStraw who wrote (1034)	11/21/2003 8:13:23 AM
From: Andrew	Respond to of 48092

Yes I do. Selection is the key as with all sectors, some stocks will outperform. If you believe gold is going to 500 there is tremendous upside remaining. I am looking for overlooked companies now which I feel represent value and continue to hold those which I feel give the best leverage to higher prices. My current holdings in producers. AGE.TO G.TO PDG.TO I also have held from time to time including others K.TO BGO.TO My largest junior holdings AZS.V NSU.TO

To: JakeStraw who wrote (1034)	11/21/2003 8:23:22 AM
From: Andrew	Read Replies (1) \| Respond to of 48092

I just post a news release from Agnico. I like the exposure to Silver, Zinc and Copper they have also. I believe that this company has become fundamentally undervalued due to the misfortune of a rock fall last February which has taken some time to resolve. Looks to me like institutions have dumped the stock. Now this is just my opinion but this company can move up very fast in a rising gold environment and perhaps even in a flat to slightly down gold market. Perhaps a good chance for a double in a year if metals prices continue to appreciate. No doubt Alan Greenspasm and FED policies are conducive higher metal prices.