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: Robert who wrote (68)	3/29/1997 4:06:00 PM
From: Daytek77	of 297

Robert if he is right he is not going to have much of an audience because the junior mining industry will have been set back decades. Who is going to fork over $100 or $200 for a sector that no one will touch. Mutual fund companies aren't going to be involved here for a long time, the novice investor who just got into these markets is gone. Those people looking for the next "whatever" will be more interested in preservation of capital. In other words there will be very little liquidity , so his newsletter won't be worth the paper it is written on. I am not making a judgment on the validity of his statements becasue I don't know what's right at this time. We will know when the audit is complete. I am simply saying he could have waited for more information before he started theorizing or provided us with the sources of his theories. If you are correct about Kaiser wanting to become the king of the hill in the mining sector, I am afraid he is going to be the king with no subjects. Tony

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