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.

Gold/Mining/Energy : Gold & Gold Stock Analysis -- Ignore unavailable to you. Want to Upgrade?

To: re3 who wrote (1148)	1/17/2004 1:49:45 PM
From: Andrew	Read Replies (1) \| Respond to of 29622

Bema and Placer do both have exposure to SA. Placer is reworking the South Deep mine which is projected to produce 700k oz per year by 2007 and has a long life reserves. PDG owns 50%. BGO has their Petrex property in SA which is supposed to produce 200k oz per year and has 1.6 million oz reserves according to their website. Wade has been telling us that we should be watching the price of Gold in Rands. Although Gold has gained well in $USD the Rand has appreciated strongly against the $USD. If Gold moves up sharply in Rand the SA based producers which have their cost in Rand should have a good move. Form the chart below we can see that the Rand/Gold price appears to have broken out of its downward trend. stockcharts.com[w,a]dacayyay[df][pd20,2!b200][vc60][iLa12,26,9!Lh14,3]&pref=G Regarding puts on the Q's, Why try to stop a frieghtrain? I favor shorting myself but timing this doesn't seem possible right now.