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


To: Andrew who wrote (1184)12/18/2003 2:38:36 PM
From: Wade  Respond to of 48092
 
I remembered you mentioned RNG.TO. But, I did not spend time to track it, because I was tracking many other new stock opportunities outside PM sector. There are just oo many selections...like a kid in a candy store<VBG>.

Wade



To: Andrew who wrote (1184)12/18/2003 7:50:24 PM
From: Wade  Read Replies (3) | Respond to of 48092
 
Andrew and all.

Please comment on this chart if you have time.

stockcharts.com[w,a]daclyyay[df][pb50!b200][vc60][iUb14!La12,26,9]&pref=G

The price of this chart is the POG in Rand. The 3-year chart indicated that Rand gold is breaking out the down trend. And it is clearly indicated that the actions are supported by a inclining 3-year support line, which connects three sharp bottoms at Feb. 01, May 03, and Dec. 03. Now, the wedge pins Rand gold into a corner at this point. All of the signs indicate breaking out to the up-side, imho. We may see either slow or vary rapid movement, which depends on the trading activities of the currency speculators. We may see very sharp rise of Rand gold over night if the Rand currency traders decide to pull out suddenly.

I bought as much HMY as I could today. Good luck.

Wade