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Gold/Mining/Energy : BRE-X, Indonesia, Ashanti Goldfields, Strong Companies.
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To: bob bundy who wrote (7076)3/11/1997 10:37:00 PM
From: hugh thorne   of 28369
 
bob, what makes BXM still somewhat unique is the continued likely increases in reserves. We are looking at a triple in the proven over the next 12 months. The way the market is currently discounting Walsh's comments( ie: 100% ), i believe the stock still has significant upside. Further, the downside is somewhat limited so the real risk seems to lie only with opportunity cost. If there are some sure bets out there then the opportunity cost is high, otherwise it looks dam good in context, IOM.
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