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Politics : Gold and Silver Stocks and Related Commentary -- Ignore unavailable to you. Want to Upgrade?


To: goldsheet who wrote (1550)12/24/2004 12:36:40 AM
From: ild  Read Replies (1) | Respond to of 18308
 
<<<I'm not sure the combined firm will better, just different. >>>
Don't you think that becoming #1 gold producer is an important quality?

I'm trying to see how much lower HMY can go. GFI is already trading at full premium. If the deal falls apart the HMY should go up, if the deal goes through then the new company should get re-rated as the new production leader. Obviously the Rand is the wildcard, but for instance DROOY is already trading as an option on its gold, like SSRI used to be. There is currently very negative investor sentiment against RSA golds plus they are suffering from tax loss selling.

Bob, very good to see you actively posting on SI. You posts and your web sites are greatly appreciated.
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