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Gold/Mining/Energy : Argosy Mining
AGO 89.94-0.5%Jan 9 9:30 AM EST
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To: Steven Coull who wrote (113)3/29/1997 11:41:00 AM
From: Bob Schommer   of 165
 
Steven:

Thanks for the post; I'm in agreement excepting not sure I'd jump back onto this bandit with the large float. Any good news may get me out with a modest loss but out I'll stay. I too got sucked in by the Kevin Smith analysis, buying in on last Spring's spike up...big mistake. Once again, conventional wisdom prevails...buy in (early) on the speculation (cf Velvet), but sell the results. Maedel has also pointed out the inherent risk associated with wintering over in Gold stocks, with its traditional news vacuum in northern climes.

Bob
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