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Gold/Mining/Energy : BLACK HAWK (TSE:BHK)

BHK 9.540

+0.2%

Dec 2 4:00 PM EST

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To: EZbeliever who wrote (376)	1/14/2000 9:02:00 AM
From: Steve Johnston	of 545

OFF TOPIC, but in response to a question. Yes I do like PAA without the Dukat adventure. I think at today's share price, the market has already written the project off, even if Pan American decides to proceed. PAA is an established, world class silver producer, and the world inventory of silver is shrinking fast! Unlike gold, silver has very real industrial uses (i.e. aside from jewellery, trinkets, etc), but has been dragged down with the POG. The current imbalance between supply and demand will sooner or later cause silver to break this traditional link with gold and send the POS skyrocketing (IMHO). Regards.

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