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Gold/Mining/Energy : A Penny Gold software program.Pls Help Me!

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To: Walt who wrote (6)12/20/1997 4:58:00 PM
From: Bill Jackson  Read Replies (2) of 83
 
Walt; I prowled their web site, and it is intersting in structure. The idea behind it is to wait for a junior to decline and get quiet, between drilling programs etc, and buy some then. When they re-finance etc and buy more claims and drill some more they will go up from the 5-50 cents back to the $1-5 level. It is a valid method and one I use in conjunction with reading press releases, day volumes and other stuff to better pick the point to buy(after all there is no point in buying until they are ready to go) Penny Gold does not seem to address that. In addition if they fail to get a financing or a property another year may go by before some action arrives.
I will wait to see if any friends of mine are buyers. I can pretty much do what they do with Canada Stockwatch.

Bill
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