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Gold/Mining/Energy : Biometric Security Corp (BMS.V)
BMS 57.250.0%Jun 28 5:00 PM EST

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To: Blaine who wrote (54)3/28/1997 6:55:00 AM
From: Bobby Yellin   of 181
 
geez..what to say..First what are your thoughts..about this latest
fiasco...(blame it on the comet?)
called Sonoma this past week before the bullish opportunity that
BRE-X presented to the world...(bullish meaning less supply coming
on line now...harder to raise financing for the explorations...
less exploration...potentially further less supply...should eventually
produce very strong snapback rally..hopefully in our lifetime..
also bond market over 7 percent...consumer maxxed out on credit
cards..no real wage increases to speak of...market pricing another
fed increase...wealth in paper assets stocks...down two hundred plus
for a while on Dow...most of hurt paper assets..is the fed ushering in a deflation?(delation is better for the yellow stuff than recession)
I wonder if Sonoma is planning on changing plans..I was told they
are buying a great property in North America but where will they
get the financing...where is the liquidity currently)
Tell your wife Ron Pitts has teased me repeatedly about my starting
almost half the threads..
Bobby Rita...the busy beaver...who is slightly depressed...
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