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Gold/Mining/Energy : Precious and Base Metal Investing

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To: russwinter who started this subject	5/4/2002 1:13:18 AM
From: ms.smartest.person	Read Replies (3) of 39344

Seabridge - any comments on this article by David Vaughn? This sounds too good to be true - Seabridge Resources By David Vaughn May 2 2002 We are standing at the threshold of a new era. This new era will see commodities become the investment of choice. The momentum has already begun and will not be impeded until gold reaches its eventual peak evaluation. A good comparison to make to understand where we are now in this new era is to imagine this is 1992 and you have just been informed of a number of technology stocks that may be a good buy. You scratch your head and ask yourself, "What is a Dell, does this Microsoft Company make something?" But the point is that if you had been wise enough to invest a modest sum of money in 1992 in these "new era" stocks you would still be wealthy (even after the tech wreck of 2000). Now we are looking at the END of this tech & blue chip era. "But the demolition derby in telecom has been particularly punishing for...Worldcom. The stock traded at $64.50 in June of '99. Since then, it's been so heavily dented and banged up that you can buy the stock for $3.41 - a loss of 95% of its value." Bill Bonner 4-25-02 Now it is gold's turn to rise from the ashes of a long bear market. We are at a milestone in history when once again hard assets will be in fashion for investors. "At such milestones in financial history, the rules of the investment game are altered; but alas, the vast majority of investors continue to play by the old rules and therefore either lose money or miss out on the substantial capital gains which the new opportunity or leadership brings about… The key to successful investing is to understand that, with nearly 100% certainty, the bursting of a bubble leads to a PERMANENT change in leadership." 2 (Mark) Faber believes that commodities may be the investment markets next leader, especially GOLD and silver. I concur." Jim Puplava April 2002 THIS DECADE WILL BE THE DECADE FOR GOLD!!! What do we do now that we realize that this is the market to be in to accumulate serious wealth? We look for those players who have been silently working in the background & preparing for this day when gold once again will be the star performer. I began observing & studying the gold market in 1997 & I watched first hand as gold entered its darkest days. But during those years I began to notice individuals with vision who believed that gold would eventually enter another era & would become the favored investment of choice. This day was rapidly approaching &, indeed, it is arriving even at this moment. And the previous era of the mighty bull market in tech stocks & blue chips have come to their end. It is also important to note that during these dark years for gold that gold exploration has been drying up considerably because with the low gold price it has just not been economical to explore for new gold reserves. "The major gold mining companies of the world will have a voracious appetite for replacement reserves (as the gold price heads higher now) as they chew through more than 30 million ounces of production a year." Precious Metals & Minerals Nesbitt Burns March 2002. Where are these gold reserves going to come from? Enter Seabridge Resources. Who is this company & what does this gold mining company offer for the potential gold investor? kitco.com

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