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Gold/Mining/Energy : BRE-X, Indonesia, Ashanti Goldfields, Strong Companies.
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To: Winer who wrote (22656)5/4/1997 10:44:00 PM
From: buylowsellhigh   of 28369
 
If anyone out there has any money left, I suggest that you take advantage of the depressed prices to many of the remaining promising junior mining firms and establish positions over the next few days. Companies that have CoW's already signed (i.e. Minorca, Indomin, South Pacific etc.) as well as many non-Indonesian (i.e. Mar-West resources, Peruvian gold, Corriente, Francisco Gold etc.) should all move in tandem - direction DOWN! Yes, there will be blood in the streets and as a shark, it is time to circle the nervous widows/orphans who will be selling over this upcoming week and begin establishing long positions in these above companies. By the fall, when the Dow Jones is on its path to destruction accompanied by the pending currency crisis and heck, who knows what will happen overseas in such unstable countries such as North Korea, gold will be the safe haven. These juniors will then begin their 'melt-up' stage!
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