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Gold/Mining/Energy : Black Swan

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To: Alan Nicholson who wrote (3072)7/23/1998 10:34:00 AM
From: St. Barbara  Read Replies (1) of 3186
 
Well, cash is king these days. Without it, (as some are) BSW would be gone.
Everybody is looking for a cheap acquisition, so no news there.
Whats changed, is Brazil is out of Mr. Giglio's clumsy and somewhat dirty hands, and back in the original BSW team's hands. Check when the PR's dried up last year...about the same time Mr. G bought in, and took over. Expect some action now, with regular PR"s...(still can't guarantee how good they will be though, oh well)<g>
Re: the acquisitions down there, diamonds et al...hmm... those were Giglio's, so who knows what they actually got. WGM thinks they are OK though, according to the PR.
Confidence will return with this crew, but it may take time.
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