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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies -- Ignore unavailable to you. Want to Upgrade?


To: The Street who wrote (3842)9/13/1998 12:39:00 PM
From: TokyoMex  Read Replies (2) | Respond to of 119973
 
Agree Street ,, gold can send you to poor house in a bat ,, especially if you mess wit options,,

I rather like oil here as more safer play ,,




To: The Street who wrote (3842)9/14/1998 12:15:00 AM
From: Yellow Jacket  Read Replies (1) | Respond to of 119973
 
I prefer to stick with the minors that react better to changes in gold price: BGO, DROOY, RYO. I don't like other minors because they are not as liquid and don't seem to generate a lot of institutional interest. I also don't like moonshots. For every BCMD (rose ~300% in two days after reporting a gold strike early this year)you'll find several CMYN's and KRY's. I also don't play the majors. To me it's like going to a casino and playing bingo. You wanted a list of majors for "safety," but somehow "safety" and gold stocks don't go together very well. But, if you still want that list of majors, look at NEM, HM, PDG, BMG, FCX, and ECO. As I said earlier, I'm out of gold until it jumps over $300 or returns to $275-280.



To: The Street who wrote (3842)9/14/1998 12:32:00 AM
From: Bucky Katt  Read Replies (3) | Respond to of 119973
 
I like the metal futures mostly, and try to buy the miner stocks when they seem real beat, like ABX was recently.
My point was the imbalance to the supply side. It means that the public has been buying the metals at these low prices, so we may have a real floor set. I have, and still like oil here, stocks and futures.