Replies to post #220645 on Zeev's Turnips Patch-No Politics (ZEEV)

[PENNYPRINCE 1]

Zeev I appreciate the thorough response and I agree with you the bios and medical stocks look great.i have been buying for a few weeks. I did sell all my options on Hl did great and did a little selling in the PM sector. Hopefully we go higher and I can lighten up a little more. Once again thanks for all of your efforts here.Good Luck

[JimQuinceH]

Zeev, I hate to disagree with the master (you) but I like the gold stocks here. I allways buy ASA (not NEM), ASA has a better yield and moves a little slower (more my speed, not yours). I got a buy signal off of Wednesday's low on ASA (at $39.40), if ASA can get through it's 43.31 high (of 3/5) then it's next resistance would be $44.87, then there is resistance at $46.65 and $48.00. I expect the golds to go up (on balance) into August or September before another multi-month correction takes place, possibly into November.

I guess We Will Know In The Fullness Of Time

Jim

[basserdan]

*** Gold related post (GLG) ***


Glamis Gold Discovers High Grade Gold and Silver mineralization at La Hamaca
Wednesday March 24, 8:30 am ET

RENO, Nev.--(BUSINESS WIRE)--March 24, 2004--Glamis Gold Ltd. (NYSE:GLG - News; TSX:GLG - News) today reported initial drilling results at the La Hamaca prospect, located approximately three kilometers north of its Marlin project in Guatemala. La Hamaca is the northern-most of five targets within a six kilometer radius of Marlin.
Reverse circulation drilling has identified high grade gold and silver mineralization similar in grade and character to the veins at Marlin. The first phase, 10-hole program has identified gold mineralization within an East-West trending high-angle vein, hosted within altered andesite. The quartz-calcite vein has been traced by drilling and surface outcrop sampling along a strike length of 280 meters within a gold-in-soil anomaly of 800 meters in length. Additional untested structures containing gold and silver mineralization have been identified by surface sampling within a 200 meter distance to the south.

Significant drilling results are as follows:

CONTINUED AT:

http://biz.yahoo.com/bw/040324/245136_1.html