Harmony Gold Mining Co. (ADR) (HMY)

A well run mining operation with a very clean balance sheet. HMY has not kept up with the rising price of gold, but it should soon.

low peg ratio

Buy 11.15

B11.15T16ST10.20
B12.65T16ST11.60
S8.65T5.60
No div

Although I have issues giving HMY an outperform marking on geographic locale, it WILL move up, up, UP with the rest of this underloved sector. The Time Of Reckoning has nearly arrived for the Dollar and most of the other crap fiat currencies. Whomever bought into SLV @ 19.50 had done the WRONG thing by buying into strength, really, NO EXCEPTIONS to this! The investor would've done better to have $$ to the side and buying now while weak. Silver is so undervalued and unloved right now, but it is not for the weak of heart or constitution for that matter, and I cannot emphasize enough caution and resolve must go in with any investment in silver! Most of all, never ever buy Au/Ag/PGMs on margin!!!

I'm sitting on two Canadian juniors, one with huge Mexican silver reserves, that have been mercilessly hammered down, but I've not folded my cards either, and those who see the obvious writing on the wall should not either, except if they must have $$ for taxes - of which there are likely few reading this that will for last year's return to come.

not much debt. uncertain times, people run to the gold.

Gold should have quite a ride in '09 .....

Waiting on the precious metals explosion...

Oversold :-)

Solid when South Africa is stable

#7 here but should go up with the rest of the crowd

GOOD ONE TO BE IN WITH A WEAKER DOLLAR , BUT WATCH OUT FOR POWER OUTAGES IN SOUTH AFRICA DUE TO GROWTH EXCEEDING SUPPLY, AND THE LONG TERM EFFECTS OF AIDS CRISIS WHICH DOESN'T EXIST ACCORDING TO THABO MBEKI, NOT TO MENTION THE INFLUX OF REFUGEES INTO SOUTH AFRICA FROM ZIMBABWE CONTRIBUTING TO A DRAIN ON RESOURCES.

gold equala money

I'm upset at the way caps works. I can't modify "positions" or "weight" or "add to". So I'm picking harmony mining during this dip as a way to add to my positions. I'm very bullish on gold and silver as a whole, and harmony mining, I believe, is a gold and silver producer.

Again; I hate to make a pick without strongly evaluating a company's financials, but in this case I believe it's warranted because CAPS is flawed. Although Actually if I had the cash I probabky *would* invest in HMY(!)

Gold and silver have taken a sudden drop during the past week. Many speculators are panicing and claiming that this is the end of the "commodity bubble". I don't think so. If you look at the fundamental reason behind the last 6 months rise in precious metals, you have to ask yourself....has anything changed? I don't think so. The Fed continues to pump liquidity into the market, the interest rate continues to decline, inflation continues to increase and the dollar continues to fall. That being said....if due to demand decreases oil drops sharply from here...there is a possibility that precious metals will follow. Precious metals will experience quite a bit of volatility and the gyrations may be tough to handle but I think due to the fundamentals that I mentioned above that a year from now precious metals will be much higher.

gold, gold gold.

gold play

accumulating momentum

like to go for cinches. I like to shoot fish in a barrel. But I like to do it after the water has run out."- Oct. 2003 talking with Wharton MBA students

with hmy getting paid in u.s.dollars and paing there debts in rands (the exchange factor droping dollar rising rand etc.)and gold gunning for $2000.00 in 2008 hmy will outperform u.s. markets by 33% in next 7 months