Forum Archive Index - December 2003

["Lazy Haggis" <lazyhaggis@hotmail.com>]

Aussie stock Dragon Mining (DRA) has already made significant gains over the 
past few weeks, along with many other Aussie gold stocks. This stock is ripe 
for profit taking which is very likely to occur as we head towards the 
holiday period and a likely retracement in the gold bullion price.

There are far better opportunities then DRA amongst gold shares listed on 
the OZ exchange, so be patient and wait. Many of the recent high flyers will 
retrace quite a lot over the coming weeks as money flows from one stock to 
another.

Look to buy DRA (subject to no unforeseen downwards pressure on gold other 
than normal retrace corrections) around the 18 to 20 cent mark.

Beware rampers who push particular high gain stocks at this stage. It's 
solely for their benefit not yours. One particular DRA ramper is well known 
in OZ for just that. Ramping under various aliases on various boards 
basically just ranting and raving and making a fool of himself.

For those who want a safe secure OZ gold at the early stage with great 
upside potential, then checkout GBG. For small investors with lower volumes 
there's AVO. For international flavour there's PNA and RED. All of these 
will knock the stuffing out of DRA in terms of capital gain.

The best advice for DRA right now is sell and take profits.

Lazy Haggis

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