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Gold/Mining/Energy : Southwestern Gold -- Ignore unavailable to you. Want to Upgrade?


To: TrueScouse who wrote (59)6/2/1999 10:50:00 AM
From: Claude Cormier  Read Replies (1) | Respond to of 585
 
Howy,

I did same at $3.45... and plan to add again if we go lower. IMO, SWG is now much morer undervalued than when it bottomed at $2.25 last August.

We now have Accha with a resource of 9M tons of 9% zinc. This China thing. And Two major JV with Kennecot and Southernera on Canabrava diamonds property.

Other that are extremely cheap are MFL, GEO and CBD.

It could last another 12-18 months before the big move starts... but just thinking that gold at $400 means a 10-fold in most of these stocks makes me patient.

The key thing is to select the ones with assets and no debts.



To: TrueScouse who wrote (59)6/8/1999 8:30:00 PM
From: charred  Read Replies (2) | Respond to of 585
 
...."Not much activity on this thread. In fact, there's very little activity on a number of threads of good gold stocks. IMHO this is an excellent contrary indicator. The time to sell will be when there's 100 posts a day <g>.".... My thoughts exactly. To me SWG is a boring stock at the moment but SWG will have it's day. When it gets exciting and everyone wants it I'll sell it to them.Of course at a profit.

The thing that amazes me that these guys are big promoters. In my opinion Juniors that aren't always on the promotion trail are long term players. They know where to get the money when it's needed.

The Hoaya property is the one to watch at the moment.