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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG -- Ignore unavailable to you. Want to Upgrade?

To: John D. White who wrote (230)	10/7/1998 5:51:00 PM
From: cool	Respond to of 48092

TVX and KGC are two $500M caps that were recently upgraded by Goldman Sachs- both moved good today

To: John D. White who wrote (230)	10/7/1998 8:06:00 PM
From: XOsDaWAY2GO	Read Replies (2) \| Respond to of 48092

>>>There is no hurry. The blue chips have a long way to go yet.<<< I have some of the juniors now. I'm wondering how far is a long way for the blue chip gold stocks?

To: John D. White who wrote (230)	10/7/1998 9:08:00 PM
From: Wade	Read Replies (1) \| Respond to of 48092

John, Normally, we call those exploration and developmental gold mining companies juniors. They are usually much smaller than $100 market cap. They do not move much until POG become high enough to make their low grade of mines become a valuable property. Their price will rocket many folds in a heart beat. There are very very speculative and highly volatile. However, you still can find a few very good ones. Some of them doubled already, for example, Pangea Goldfields (T.PGD). I have a position which was bought at much higher level in 96. BGO is another one worth your consideration, it was just mentioned by TLindt in post 234. I used to own it. Good luck. Sincerely, Wade