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Gold/Mining/Energy : Int'l Pursuit (T.IPJ)

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To: Ron Everest who wrote (254)4/22/1997 9:33:00 PM
From: RonS   of 835
 
Ron, and all,

Could you explain why you think its a good sign that Canaccord
is a major buyer other than the obvious (i.e. what is Canaccord's
reputation as compared to some of the other brokerage houses).
I get the feeling that Yorkton does not rank very high.

I feel that almost any type of news from Bre-X at the end
of this month (other than there being 71+ ounces of gold which
I think is unlikely) will hurt Indonesia and to a lesser extent
the VSE. What I hope is that the price of gold rallies, and
that Mongolia and/or the Phillipines become the next exploration
and mining hot spots (perhaps its already happening i.e. DSM,MGR,SRZ).

Regards

RonS
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