"the mini-mini cap companies [the] 10 to 20 baggers"
#reply-18371404 SI: StockTalk:Precious and Base Metal Investing Wednesday, Dec 25, 2002
The range of gold investments is.
There's six categories in my view... in a rising gold market ... should own something in each sector, except...
1) Major producer - and Newmont and Barrick [to] own.
2) Mid tier producer - I haven't made up my mind yet. Was thinking that Kinross or Glamis may be it. I was wrong on Glamis...
3) Small producers - Avoid all small producers, that is any company with less than... oz annual production. ... move to those companies with drill defined resources that are now economic or close at $... gold.
4) ... go to the companies with drill inferred resources that are not economic right now but may be at $... gold.
5) Then you have to go the mini-mini cap companies that have good management, good exploration properties and cash in countries with acceptable risk. This latter group is where the 10 to 20 baggers reside... These stocks are very thinly traded right now and are difficult to buy in the target... I'll share these with you soon.
I have a big enough position in... a great group 5 pick, and everyone knows on the threads that it is my number one pick in the latter category and has been for 8 months or so. Read their exec summary... High risk but possible high reward.
In group 5 there's a few obvious ones that have just published ore grade drill holes. If you can't find them send me a PM.
6) ultra grassroots specs - avoid these until later in the cycle as there's no reason to own them now. [end.]
___________________________________________________ Si's Doug AK gotmilk & skunk cabbage, no Zurnip or Krispy Kreme
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