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Re: mlsoft post# 30052

Saturday, 09/28/2002 4:52:36 PM

Saturday, September 28, 2002 4:52:36 PM

Post# of 704049
Re South African Golds:
I believe that selling SAs for GG and GLG will prove to be a very prescient move. There is a slow Anaconda type squeeze being put on the SA golds (expropriation by any other name). Old time gold bugs remember times past, and think they can make a quick buck, collect dividends or whatever.
I think the realization will someday dawn (and maybe soon) of what is going on and then good luck fitting through the door on the way out.

GLG has completed the acquisition of Francisco Gold and is fast establishing itself as a force. In a similar but more speculative vein is KGC.
Have any of you guys checked out the Canadian Explorers?
Claude Cormier is the authority par excellence and I have noticed he has actually started posting here. He is very low key and definitely not given for hype but has made a lot of money for his followers.

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