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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: Dan P who wrote (152)4/1/1997 8:31:00 AM
From: Ron Pitts   of 297
 
Morning Dan, Guess I failed to mention CTQ but was awaire that it made a good jump yesterday and mighty glad of the fact. Dan, I think your concept of DOW money flowing into the gold share market is possable but DOW money must leave the market IN TIME to be around in cash to tap into the gold stock market if investors get there nest egg out in time inother words. This seldem happens in Mass. The money that makes it out is scared money and mostly will go to money market,T-bills,CD's, in my opinion. We must rememberthe BreWreckage has left our corner of the investment world as suspect! Little scared money is headed to a suspect investment. My hope is that of the 3,000 or so of the so called exploration minig companys,we own among the best and strongest in the group. This small group of the strongest should be the recipent of what money does come into the exploration market.Hopefully enought so as to lift our chosen few above the fray. Again just one guys opinion. Regards Ron Pitts
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