BRE-X, Indonesia, Ashanti Goldfields, Strong Companies. Message Board

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Gold/Mining/Energy : BRE-X, Indonesia, Ashanti Goldfields, Strong Companies.

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To: Lalit Jain who wrote (7121)	3/13/1997 1:04:00 AM
From: william smith	of 28369

Bre-x is a good long term investment. If you spend a lot of time chasing a get rick quick stocks your broker will make more money than you. The market is nervous right now. Look for value and stocks trading close to their 52 week low. This includes bre-x and other mining quality stocks. I stocked up on several gold stocks and I'm holding. I generate an income by selling out-of-the-money covered calls. I would also look at other sectors that are soft. I also like CCO because U3O2 prices are soft. There is long term upside. Do not invest in a companys that has debt. These stocks are getting killed. Bresea and Bre-x are good investments for the long term. Sell covered calls above the price you bought the stock and generate an income. Bre-x options are traded actively. I would not suggest buying calls. You can loss your money quickly. Bre-x options pay well take advantage of this situation. Will saskmaple.net Happy trading

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