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Gold/Mining/Energy : SOUTH AFRICAN MINING -- Ignore unavailable to you. Want to Upgrade?


To: EZbeliever who wrote (179)9/15/1998 4:50:00 PM
From: Terry Rose  Read Replies (2) | Respond to of 472
 
EZbeliever, Jim Blanchard has had a buy recommendation on Durban Deep since October 1997. His latest issue was more of an update. His buy recommendation has been anytime DROOY is under 2.50$ a share. He has stated that this is the stock to own if one is a gold bull due to the high leverage to gold's price.

I was also surprised at its movement today. Maybe they announced their earnings which are projected to be up 300% this quarter due to the rand's devaluation to the dollar.

I personally like his newsletter and will continue to subscribe to it. He has some good insights into the market and preaches patience which is necessary with this particular gold cycle.

Finally this stock is very liquid and a million shares in one day has happened before. When gold breaks through 320$ is when this stock really takes off.

Terry,



To: EZbeliever who wrote (179)9/15/1998 5:57:00 PM
From: POLARBEAR  Read Replies (2) | Respond to of 472
 
you taketh the words from my mind! My bet is that you're right on the money! I wonder how many newsletter groupies actually make money with those guys. You'd usually be better off waiting til you get your monthly newsletter, waiting for the run-up from all the stupid market orders (been there done that) and then shortly the stock.

PB

PS. Here's ten rangy articles to keep you guys busy until I finish my rangy web site.
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