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Re: [sharechat] GOLD / SILVER

From:	Derek <dkw@paradise.net.nz>
Date:	Sat, 08 Jun 2002 09:30:20 +1200

In the moderate risk bracket Redback is worth a look,
there are some useful broker reports on their website:

http://www.redbackmining.com.au/

An estimated 1.8M ounces in the ground, production not
yet started so no hedging.

Check out my post at
http://www.ozestock.com.au/MessageView.asp?PostID=127086&Symbol=RBK
They also have reasonable expectations of more gold
over and above this.

Macquarie Bank Limited yesterday increased its stake from 9% to 20%,
perhaps that is another recommendation.

Derek

(note There is a 2 for 9 rights issue at 20c coming up,  record date
13 June)

(disc: own some)


 >Do you have any Aussie stocks that are not hedged in mind?
 >Gold will go higher because there is no where for the world of
 >money to be parked at this time of falling stocks
 >Athol 


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