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Dear fellow mining stock investors, I know we all feel like the day after Pearl Harbor! As we colleectively try to asses our current plight I hope this form will lend each of us the mutual support we and reasurances we need. The fall out of the Bre-x Debockal has left us in horror! Yet we must remember one companys future will not speak forever about the rest of the market, even if it seems so today! If the companys we hold have cash and major jv.partners to see us threw the lean market over the next period of decline,to continue there drill programs with the money and resources to substain this fall from grace,Prove up there deposites,Then over time they will come back! In times like these the market tends to forget all and I mean all Major gold companys today or ever, were at one time drilling exploration companys.From them came the Barricks,Tech,Placer Domes of today. This cycle is ongoing and will be forever repeated regardless of the Bre-x story. To be sure we have a major set back ,have been stunted and stund. However there are yet many Good chapters and companys comeing to the for even now from the ashes of the market.If you had faith in your companys and for good reasons (not hype) then I for one will hold and see them home! regards Ron Pitts |
