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[sharechat] Otter? - Thoughts


From: "Andrew Dengel" <adengel@clear.net.nz>
Date: Fri, 23 Mar 2001 14:42:16 +1030


Did anyone read the NBR article on Otter?
 
Purely as a speculative "punt" does anyone else think they could be worth a shot?
 
With the major world economies looking down the barrel of recession (even if it is only a "soft landing"!) surely it must be a good time for Gold prices to start looking attractive as investors look for other "secure" places to stash funds?
 
Otters production is up and its had some one of difficulties combining with weakening $US and low gold prices, so if the Gold price starts to rise significantly it could be a good bet? Also the chance of take over from GPG?
 
Purely a speculative gamble of course but would be interested in what others thought, for eg Roy the trader.
 
Andrew

 
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