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Gold/Mining/Energy : United Keno Hill, UKH, Toronto**** Opportunity Knocks!
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To: Brian Gerbozy who wrote (37)3/17/1997 9:18:00 AM
From: Harry K   of 1348
 
Further thoughts from savvy trader #2:

... the stock must be pretty well at the bottom - and if they're going to go into production, it's a BUY at these prices. It would also lower your "break-even" cost/share - although if you're nervous about this, maybe wait until it begins to move!! With all the money they've spent in pre-production work and rehab., and considering the debt they've run up in doing this, it seems stupid to just cap the whole thing at this time.

However, if refinancing is arranged (and it's only $15 -> $30 MM), it'll go - but perhaps not with as much enthusiasm as it would have if the financing was arranged with less pain and suffering.

To sell now would lock in your loss, on a stock that's likely to make you a profit!!

So there! My neck is in the noose!! Keep in touch!

Harry K.

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