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Gold/Mining/Energy : Scorpion Minerals-SCP-T

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To: Stuart Carmichael who wrote (185)8/6/1999 7:18:00 AM
From: Winzer  Read Replies (1) of 235
 
<<The bottom will likely be $0.25.>>

The Internuts are presently out of favour. Your price prediction is not out of the question; however as to if this represents a buying opportunity is the real question in my mind.

IMHO I like the cash position of SCP and the high probablity that the manipulation of the POG will be exposed (by GATA and others, see SI Gold Price Monitor thread). Giving SCP back the option to returning to the new gold market. Ever hear of isostatic rebound?

I am hoping that once the manipulators of the POG have headed for the hills (Robert Rubin ex of Goldman Sucks and the US Treasury, as have other Clintonions have already gone there) and the stockmarket bubble bursts and US dollar and/or Treasuries prove to not be the currency of resort that gold would be back in vogue. As for Internuts, I still think that SCP's (and my real play, ONV) turn will come once the present "out of favour" label is shaken.

Winzer
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