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Gold/Mining/Energy : Bre-X, What happens after Strathcona results?
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To: The Barracuda™ who wrote (2)4/20/1997 8:44:00 AM
From: Ron Pitts   of 31
 
Hi Robert, I guess my feeling is that the market will be glad to get Busag behind them, regardless of the out come.I think the Bre-x effect is 65-70% spent by now, and the market has factord in the busang bust for the most part. Short term dip possable ,longer term the bonafied companys with solid projects will prosper but the market is going to be much more selective from now on and most of the buying of jr. gold stocks will be with say 50 companys instead of 500 companys. Regards Ron
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