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Gold/Mining/Energy : Southwestern Gold

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To: whisky who wrote (100)7/10/1999 11:07:00 AM
From: Claude Cormier  Read Replies (1) of 585
 
<<Maybe he has recommended it to his subscribers and doesn't want the stock to get away before they are in.>>

Don't worry mon ami. We started buying SWG in August 1998 near $2.45.

Again I think that potential and value are two different concept.

Even if GPJ has more leverage than SWG and may give you a better performance than SWG if Hoaya is the major discovery we hope it is, it doesn't mean that is is undervalued.

What will GPJ have left if none of its project develop into an economic resource. SWG, OTOH, has already developed resources and cash that together are worth more than SWG stock price.

I know that if I say that SWG is undervalued while GPJ is not, but at the same time I say that GPJ has more potential for capital gains and is more leveraged to a discovery at Hoaya, you may not be satisfiied. But this is what I think, base on my definitions of potential and value.
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