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Gold/Mining/Energy : Gold Price Monitor
GDXJ 124.11-13.6%4:00 PM EST

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To: Claude Cormier who wrote (38879)8/12/1999 1:23:00 PM
From: Ken Benes  Read Replies (1) of 116943
 
I think you are going out on a limb with the $400.00 gold to support the thesis that you can make a killing in the junior market. Gold is having great difficulty getting above 260.00 and I have a feeling that the markets may allow gold to rise just enough to quiet the criticism of the IMF gold sale. To project this move as the first step towards 400.00 and massive profits in the junior market is doing this board a disservice. First things first, let this move play out, which at the moment is translating to some nice profits to the highest quality seniors.

Ken
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