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

To: ItsAllCyclical who wrote (23413)	4/6/2005 9:51:42 AM
From: Chaka	Respond to of 108758

Yea the fact that the shares won't hit the market is a big plus. Thanks for the additional info. You currently long and if so what % of your portfolio are you willing to put in? Waiting for confirmation of NW sale at this point or confirmation that there will be no litigation on the part of the gov. Yes, I am long droopy - must be the masochist in me :-) It is about 10% of my gold portfolio... Not sure how the water situation will play out or how long it will take to work through the legal issues - Anglogold came out with a PR today claiming the water pumping cost is R87 million/year and DRD is responsible for it. biz.yahoo.com It is probably wise to wait this out or better yet, if you can, stay out completely :-)