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Gold/Mining/Energy : NLE-V Nu-Lite Industries
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To: ANGLER who wrote (27)8/1/1997 12:17:00 AM
From: Andrew G.   of 58
 
"or if there is a big discovery somewhere then everything will come alive (I hope)"

The big discovery already came and went. Nu-Lites Vein #60 is crammed with ounces/ton of AU. The stock went up and then came crashing down. It doesn't matter that they're mining the thing. It doesn't matter that "the whole property is laced with veins" as the IR told me. The fact is that the market has said thumbs down to gold (wherever it is).

I don't know if the US market is going to go into correction unless I decide to get back into it again. The last time I bought heavy into it was May 21, 1996. That was a peak followed by a major downturn in my tech stocks. I feel a bit jaded about the thing. Can you tell?

'hope your luck is better than mine. If gold ever gets popular again, there's hords of it on NLE's China properties.
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