An open letter to jr. gold investers by Ron Pitts 03/27/97 Message Board

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Gold/Mining/Energy : An open letter to jr. gold investers by Ron Pitts 03/27/97

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To: Bobby Yellin who wrote (200)	4/10/1997 5:35:00 PM
From: Ron Pitts	of 297

Hello bobby, I think the dollar pulled back a bit today, on rummer that Japan moved in to support the yen, this would I think help the gold stocks overall, last I hear the XAU was up about 3 points. Personlly I think we are past the worst of it for now but recovery will be spottie with fits and starts till something comes along to move us up or down in a bigger way. Brex results good, or bad ,pop in the price of gold up or down. Would dislodge us in one way or the other, or we could see say bad Brex results and gold pop up and I would think if gold moved to say 380 and held it ,it would serve to shall we say counter balance the Brex effect on the market. Regards ron

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