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Gold/Mining/Energy : kazakstan goldfields symbol kgfc
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To: Rob who wrote (42)3/17/1997 11:13:00 PM
From: lama   of 367
 
I don't agree with your point that KGFC was down to $.045 because of political reasons. The stock was down because of lack of promotion and no retail holders. It was basically held buy management and large funds. There was hardly any trading done so the stock just drifted down.

All the research I have done I have not seen the reports on instability that you mentioned on Kazakstan. Now, I know there is a country a couple of doors away from Kazakstan with a similar name. Please check your information again to be sure you are refering to the correct country. If you want to check out Kazakstan then do a net search under "Kazakstan" and read the bullish report done by Coopers & Lybrand, and by other experts.

Finally, as long as you diversify your portfolio there is room for any risky investment. Let me ask you this. Would you rather invest your money in KGFC which has the gold, and as you say, with some political risk, or put your money in a "cartaway" with no political risk?
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