Replies to post #2359 on TAO Minerals Ltd. (fka TAON)

[electrius]

Tough to say where gold will go, but I tend to agree that it will probably go up.

On a somewhat unrelated note, I think oil and natural gas are way too low and put some 401K money in energy funds. People still drive and heat their homes, for the most part. Good couple of days after the bloodbath.

[JTJ]

Hi Joe,


I also like IAG a lot! It's got zero debt and zero hedging, plus pays a small dividend. Like I mentioned a few days ago, I sold 100 of the nov 2.50 puts and will either own 10000 shares at close to 2 or get a huge payday when the puts expire later this month.

Still in my 5000 AUY, although I sold 50 of the Nov 5 calls to generate income (will roll them to the Dec 6's if need be).

Glad things got better for you with SLW. It's just the debt servicing issue (which they will mention in the earnings call) and also "guidance" that spooked me since earning release just around the corner. Hope it works out for you!

Jim