Pan African Resources for 2006

this is interesting



"The exploration or “junior” gold stocks have been lagging the larger mining shares. We believe this to be a wonderful “discounted” opportunity with very favorable risk to reward."

"Listen to what a reputable fund manager has to say:"

"These junior companies are similar to biotechnology stocks. You can make a lot of money if you have the right project," Land said in an interview. "They are cheaper than bigger stocks and safer than ever because of the cushion from gold prices being so high." The price of bullion hovers near record highs, asset manager Steve Land of Franklin Templeton Investments is raising exposure to speculative junior gold miners with promising exploration plans. The manager of the $506-million Franklin Gold and Precious Metals fund raised his weighting in junior, or smaller gold companies to 7.7% from 5.3% between March and end-September."

"Stock Tracker recommends that investors ignore top callers in the gold market. Invest in quality, gold exploration stocks and sit tight for 2006. It is estimated that only 1 out of 100 investment advisors were recommending gold stocks during the 1970’s and 80’s as prices reached US$865oz, and many missed out on returns of 2000% and more. Be sure your positioned to take full advantage of the emerging bull market!"