Greenstone Resources GRE.T or GRERF OTC Message Board

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Gold/Mining/Energy : Greenstone Resources GRE.T or GRERF OTC

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To: Baba 2 who wrote (789)	6/14/1999 2:38:00 PM
From: EZbeliever	Read Replies (2) of 1005

Baba 2 .... Thanks for the encouraging news! Everyone talks the talk about buying low and selling high, but few have the insight or guts to actually do it. If one really wants to buy "when blood is running in the steets" it has to be done at the peak of pessimism. If there ever was a dark ominous cloud hanging over gold it is now. Once again, it is the threat of gold sales beating the market up. Remember, the news of a future event many times has a greater impact than the event itself. The old adage 'buy on the rumer, sell on the news" explains this well enough. True, there are many determined forces putting downward pressure on gold. Let me tell you, it is not the end of the story. Announcements such as have come forth from major holders may not be as forthright as precieved. Is it not true that any legitamate business venture seeks to sell at the highest price the market will bear? If this is so, (and it is) why would multiple major organizations announce substantial sales in advance, thereby reducing the value of their goods. Could it be that perhaps everything is not as it appears? Could these announcements in fact be designed to intentionally drive down gold prices for a planned covering of thousands of tons of short positions? Could it be to provide opportunity for gold borrowers to unwind very shakey but unseen derivative positions to allow a hope of repayment? Could it be a ploy to the instill confidence of a gulible and herd instinct worldwide investing public in a system hoplessly dependent upon interdependent promises to pay? I think it a combination of these and more. The point being NOW is the time to position onself for the opportunity of a lifetime. GRE is certainly a speculation and should be viewed only as such. However, this is one speculation where the odds highly favor the current investor. The news on Cerro Mojon is simply more proof. EZ

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