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


To: Juster who wrote (304)10/2/1998 7:07:00 PM
From: sea_urchin  Read Replies (1) | Respond to of 472
 
Juster : Congrats.

Re : AngloGold v Durban --- AngloGold might be safer and surer --- but it's also far more pedestrian. Also, it has nothing like the gearing (leverage to POG) of Durban. If you are expecting a BIG gold price then the more gearing, the better.

On the other hand, goldshares have had a good run and might pause to take a breath. Then, the gearing works in the other direction!