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: William H Huebl who wrote (147)	3/31/1997 9:23:00 PM
From: White Shoes	of 297

Bill, just so you know, I don't play index options or anything like that. The shares I own are in one gold explorer/producer with multiple good properties, with proven and expanding resources, and considerable gold already sold at $385/oz. It's a long term asset play which is also nice short term simply on the basis of expected 1997 earnings. So in short, I am interested in the price of gold, but by no means obsessed with it. While everything else tanked today, this company went up 5%, in keeping with its stable base of shareholders. A very risky time for everyone, it appears.

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