An open letter to jr. gold investers by Ron Pitts 03/27/97 Message Board

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Gold/Mining/Energy : An open letter to jr. gold investers by Ron Pitts 03/27/97

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To: Dan P who wrote (44)	3/29/1997 8:34:00 AM
From: Aloysius Q. Finnegan	of 297

Dan, I'm curious ... just what are the margin requirements in Canada? Are they less restrictive than the US? Can they margin the more risky E&D companies? Initially I had recognized the fallout from Bre-X regarding the impact of margin calls and its subsequent effect on other gold E&D and junior companies. Stupid me. The real impact will result from the 'wake-up call' not the 'margin call'. That is to say .... could the psychological impact be of greater import as a crisis of confidence grows? Fascinating! Patrick

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