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Thank you for the tips.
Sharechatters may also wish to review the
following:
1) ASX - Intec (INL) as they have spent years
developing, refining, proving and patenting innovative, cost-effective, and
environmentally-superior processing technologies for these metals. Cashed
up mineral explorers/producers + this type of processing technology in a country
that is environmentally conscious = potential.
2) ASX - Michelago (MIC) - exploration and development of
gold and base metal deposits - they are poised to secure a lucrative
Chinese gold deal.
No website.
3) ASX - Crown Diamond (CRD) - mineral exploration and
evaluation - recent recovery of a 52 carat diamond.
Regards,
Cris
----- Original Message -----
Sent: Sunday, November 16, 2003 3:51
AM
Subject: [sharechat] Gold and the All
Blacks
Clearly the Wallabies dominated and outclassed throughout the
whole game, a
very average and mediocre All Black side. Contrary to
popular opinion
(fundamental belief) gold once again glistened over the
land of the long
black cloud (technical reality).
Equally so,
regardless of the fundamental belief (gold is just worthless
junk in the
ground) gold bullion will continue its dominance over world
currencies and
stocks - that's technical reality. Like it or lump it, gold
has only just
started its long-term uptrend, but fundamental analysts will
need to wait
a few years to realise and understand this fact. When they do,
the game
will be over, and their traditional stocks will be worth
considerably less
than they are today.
I repeat, make sure you have some gold shares in
your portfolio. I suggest
some of the following Australian stocks will be
a good starting point for
those who need prompting, but it would also be a
good idea to do some
further research on each for your own peace of mind -
BDG, DGR, DIO, DOM,
GBG, and GTM.
My personal favourite is GBG
because of the speculative excitement
surrounding recent high grade gold
discoveries at Bobby McGee in their
highly prospective Mt Mulgine Western
Corridor. Should further exploration
provide similar or better results,
then GBG will hit the moon. It's all in
good safe Gold winning
Australia.
If you want to profit (reasonably securely) over al least
the next 3/5
years, then the best thing you can do is forget fundamental
analysts and buy
some gold bullion and/or gold shares (also copper, nickel
and silver). The
smart investor has been doing so for the past couple of
years, mutual funds
are only just beginning to do so, and later when the
bull rush starts in
earnest - Joe Bloggs will typically jump in towards
the end when it's too
late as usual to maximise profits.
By then
gold may well be around $1000 per ounce, and the fundamental
analysts will
still be crying foul (it's only junk in the ground - it's
useless - it's
going to fall in price) but your shares should be worth ten
times what
they are today. Rest assured, one day the fundamental analysts
will be
right (gold will fall) - but by then, you should be
rich.
_________________________________________________________________
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