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Gold/Mining/Energy : Cartaway resources

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To: Supervalue who wrote (2137)9/28/1998 12:42:00 AM
From: John Paquet  Read Replies (1) of 2505
 
Hey, Supervalue: Many thanks for your good posting through hard research back to May 27, 1996 for that report. Not only that company has strongly recommened CWA buying @$2.33/ share for CWA but also I myself have great trust of this CWA that is also why I have keeping accumulating this CWA and WHY I have been keeping saying multiple million CD$$$$$$$$ man is at making all along. I have a quick check of gold price of that May 1996. Gold had to be around $395.-410. U.S. That is why I said CWA will hit $6.00 again when Gold hits $561.00 by Y2K. Several fundamental and policy makings have been changed toward very inflationary fiscally and globally monetary, plus several policy makers in this era of each country political scence will have changed. By Y2K, I am forecasting Gold will reach that 50% retracement of this down cycle. That $561.00 is the mid-point where I am based on my prediction. Technically this 50% retracement is very possible and not impossible. Look at several gold stocks have shown some strength this couple weeks for example :

pdg from 12.20 to 22.40
abx from 22.00 to 30.00
BSW from .12 to .32
WRM from .20 to .37
VSE index 375 to 405
XAU from 49 to 74

US dollar index from 103 to 95
DOW from 9300 to 7500 now around 8100

CWA at this low .06 to .08 area not because of ethics a or other problems; I blame on general market sentiment that is deflation disease which affects mining stocks in general, as you see VSE hit 375, a multiple years' low CWA goes alone with it. But as I said we are warming up for this up trend commodity cycle, INFLATIONARY CYCLE will starts right now. I can not see this CWA will last at this .06-.09 level for very long. As soon as that gold breaks that important $300 level, CWA will be .20 again. Last FRiday gold responded that important SAVE-HAVEN STATUS AS market forsee what it will happen in the near future.
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