Battle Mountain Gold (BMG) Message Board

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Gold/Mining/Energy : Battle Mountain Gold (BMG)

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To: long-gone who wrote (136)	9/28/1999 4:05:00 PM
From: Bilow	Read Replies (1) of 174

Hi Richard Harmon; I'm thinking that there is going to be a certain amount of "painting the tape" at the close of the quarter. I expect the mutual funds that buy gold stocks to run them up on the last half hour of Sep 30. This means that the managers get bigger bonuses, the fund looks better to investors, plus some guys buy stuff that is up just before the close of the quarter, in order to look good. All in all, I think these guys are going to run the price up so as to line their pockets a little better. Surprisingly, a lot of gold stocks closed down today, while gold zipped. By comparision, BMG did fine. -- Carl

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