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Gold/Mining/Energy : BANDORE
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To: Steven Lolas who wrote (1313)1/17/1999 11:10:00 AM
From: Benfica   of 1692
 
Steven, I had thought what you were saying six months ago, but
things don't always turn out what you think it will. I don't thing
gold will move for at least 1.5 years. Greenspan and others
are keeping it down. What we need is Latin America to shake the
world economies. So far we saw Asia and Russia do it, but that was
not enough. The Americans believe their economy will continue and
the storm will pass them. I think this is a good stock as long
as their cash reserves stay up. I am accumulating the stock currently.
The only thing I can see to move this stock is if a major player
trying to steel the property. The stock will turn, but not in 6 months. I hope I am wrong, but there is no reason in this economy. Speculative money is going to internet stocks instead of the resource sector. Good Luck!
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