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 (179)	4/3/1997 7:24:00 AM
From: David R. Schaller	of 297

Dr. Rankin, I wouldn't be surprised to see softness in the major markets actually working to the jr mining stocks benefit. This will especially be the case if the mining sector holds up while others are heading south. We only need a small $ shift to have a huge impact. As bad as the BRE-X sell off was ($3 bil cap loss) I heard that when the DOW was off 120 points three days ago the Market Cap of listed NYSE stocks dropped $230 bil. Some of the money thats left may start looking for a more prospective home. Regards, Dave

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