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Re: Norma post# 15

Friday, 11/01/2002 1:26:02 PM

Friday, November 01, 2002 1:26:02 PM

Post# of 31
Ah, that makes it harder when you can't use limit orders, and hang around at second-best or third-best bid, waiting for somebody to whack it ... on that day you should have been able to get ngt for usd.20, maybe a shade less ... same day i bought a few at cdn.30, as my bids below that weren't getting filled .... won't matter much in the end ... at that price a person is paying cdn.705 for the new Alamos, which won't trade much under one loonie, imho, especially as uncertainties get ironed out one by one .... things could go wrong, of course, that's always true, but at least the number of their possibilities is getting reduced

Dislike any of those? - nope .... Goldcorp we know here as g.to, vigourous promotion but also a competent and lucky company behind it, and that US listing helps a lot .... Elisabeth Andrews has some thoughts on it, on the SI Miramar thread, what she says is true imho but also irrelevant to its immediate prospects for shareprice - once you get really good promo going it feeds itself, snowballs

The Kinross, i have some ... did a bunch of stupid short-term trading in it recently, pretty much just a wash, now have a few tucked away, and not watching it much .... i still don't see why they wanted tvx, they must see in it something the rest of the world doesn't .... overall they've been competent though, so i defer to their judgment

Lots of political risk with the Greystar .. Colombia <shiver> ... lots of gold too though, and a professional approach ... you'll be aware of the connections between them and Kinross, eh ... also with tvx i think ... here's a stockwatch bulletin from june you might find of interest -

' Casey says buy Greystar for upside potential

Greystar Resources Ltd (2)
GSL
Shares issued 11,062,493
Jun 28 2002 close $ 1.82
Thursday June 27 2002
In the News
Douglas Casey, writing in the June 7 International Speculator, says Greystar Resources is a buy at 31 cents preconsolidation ($1.55 postrollback) because it has excellent upside. This is the first time Mr. Casey has commented on the company since Stockwatch began tracking his recommendations in January, 1994. He notes Greystar is seeking a financing partner for its Angostura asset.

Greystar has a market cap of $15.19-million. Its deposit has, at 0.5 gram per tonne cutoff, an indicated and inferred 96.2 million tonnes at 1.6 g/t along with 5.8 g/t Ag. Mr. Casey says the large, low-grade deposit contains 4.9 million ounces of gold and 17.9 million ounces of silver. In this issue, the inveterate gold bug pulls out all the stops in his enthusiasm for what he calls the inevitable gold-stock bull run. For those who neglected recent urgings to "back up the truck," he says the bull market has just begun. Mr. Casey says he expects the bull to run for several years. Mr. Casey adds, "By the time it's over every cat or dog that has 'mining' or 'resources' or 'gold' in its name will be selling for $5 or $10 or $50 a share -- much the same way anything with a 'dot-com' or 'net' in its name recently did."

(c) Copyright 2002 Canjex Publishing Ltd. http://www.stockwatch.com '

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