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   Gold/Mining/EnergyHARMONY GOLD MINING -- HGMCY


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To: shadowman who wrote (239)6/23/2002 6:49:16 PM
From: freeus
   of 271
 
re the light at the end of the tunnel
You are so right.
In San Diego we have Jack Murphy Stadium, used by a pro baseball and football team. It was within 4 years of being paid off. So what do our politicians do? They decide to do fancy upgrades for a superbowl EVEN THOUGH the NFL chiefs whoever they be said temporary seating would be fine...and cost a timy fraction.
Why are taxpayers paying for stadiums for rich (or poor for that matter) sports franchise owners?
Anyway, so just as the stadium is about to be paid for a new debt is incurred (citizens don't realize that bonds cost them money: the interest is paid and eventually the bonds have to be paid off and if defaulting happens the general fund will be used for that instead of sewers, water systems, etc.)
then the baseball team decides that with the new seating and look the stadium is not "baseball friendly" and that the taxpayers should pay for a baseball stadium!
Meaning that there will be TWO stadiums with HUGE debt to service used by ONE team each!!!!!!
Talk about building more tunnel when you see the light!
Freeus

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To: freeus who wrote (240)6/24/2002 2:23:09 AM
From: shadowman
   of 271
 
OT. freeus...I see what you mean.

San Diego Wonders if a Losing Team Is Worth Keeping
By JAMES STERNGOLD

SAN DIEGO — It is not often that this sunny community can hold something over its giant nemesis, Los Angeles, but in the mid-1990's San Diego felt as if it had won a double lottery. Not only had its football franchise, the Chargers, made it to the Super Bowl in 1995, but Los Angeles had just lost both of its teams to other cities.

nytimes.com

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To: Bill McCabe who wrote (235)6/27/2002 12:17:43 PM
From: Ron
   of 271
 
Bought HGMCY and PAAS as a hedge. Mostly short term trades here, but I like gold's prospects here, in light of economic, political and international trends of the last several months, so am holding longer term in these.

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To: freeus who wrote (228)7/9/2002 3:33:42 PM
From: Ron
   of 271
 
nice bullish formation.. moving average crossover a couple days ago
ttrader.com

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To: Ron who wrote (243)7/9/2002 4:07:00 PM
From: freeus
   of 271
 
Obviously we just have to be patient: not easy after the easy fast wins of 1999 and early 2000.
Freeus

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To: freeus who wrote (244)7/19/2002 6:24:57 PM
From: Traveling Man
   of 271
 
Freeus,

Gold shot up to around $323 this afternoon. I guess some bonds look good to people,but gold is looking better than stocks,apparently. One thing that bothers me about Harmony.After all the dishonest accounting we've seen here,I wonder about a fast grower like Harmony????????

Sure hope everything is up&up! I'm in deep.

TM

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To: Traveling Man who wrote (245)7/23/2002 3:59:35 PM
From: lightwave51
   of 271
 
Gold stocks looking like Tech stocks today.<g>

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To: lightwave51 who wrote (246)7/23/2002 4:35:40 PM
From: Traveling Man
   of 271
 
Hope it changes soon!

TM

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To: POLARBEAR who started this subject7/25/2002 1:08:11 PM
From: ild
   of 271
 
Anyone thinks that Harmony will have good earnings this quarter?

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To: ild who wrote (248)7/25/2002 1:33:26 PM
From: Frederick Langford
   of 271
 
Harmony Story on possible short squeeze.

A brief joint-statement issued this afternoon said another 4.8 million of Simane's Harmony shares had been made available to a scrip lending pool and where to be returned to Simane by November.

This effectively means Khumalo was lending Simane's Harmony stock - which he was precluded from selling or encumbering - to traders who had short sold Harmony shares (sold shares they did not own). He will now have to call in his loans and return the stock within two weeks, according to the agreement brokered by the government. "Subsequent to the discussion held between the representatives, it was agreed that within a period of 14 days the total amount of 10.8 million shares should be returned to control of Simane," said the statement.

mips1.net.

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