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

To: yard_man who wrote (3826)11/24/2003 3:57:58 PM
From: gold$10k  Read Replies (1) | Respond to of 108616
 
Hi Tippet,

Is there a chart online for the rand? Regardless, I just re-bought a little DROOY at a discount ($2.65).

Regards,

vt



To: yard_man who wrote (3826)11/24/2003 6:26:59 PM
From: The Vet  Read Replies (1) | Respond to of 108616
 
I have held some South African's and it's true that there is some opportunity cost, but not as much as you might expect. GFI and HMY (the only ones I am prepared to hold) both pay decent dividends and I have done pretty well selling slightly out of the money covered calls which pays the bills while I hold them. If I get called (I did for part of my HMY at $15 a while back) I just treat it as a sale and replace them when the price dips again.


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