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Gold/Mining/Energy : Gold Price Monitor
GDXJ 144.29-0.5%Jan 26 4:00 PM EST

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To: Ken Benes who wrote (38882)8/12/1999 2:15:00 PM
From: Claude Cormier  Read Replies (2) of 116922
 
<<That script is verbatim from the past. It produced great profits for the promoter and some good traders, but most investors sucked in by hype lost out.>>

True. This is what happened.

But now that all stocks have lost 90% of their value, will you agree that their can be some solid companies in the bunch, companies that have:

1) large deposits that will be economic
2) no debt
3) cash and/or a solid partner financing the development

Then, why not invest in them ?

IMO, they are much better than the current producers who are depleting their current reserves and making very little profits because of low prices.

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