An open letter to jr. gold investers by Ron Pitts 03/27/97 Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : An open letter to jr. gold investers by Ron Pitts 03/27/97

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Richard Saunders who wrote (269)	5/23/1997 11:10:00 AM
From: Ron Pitts	of 297

Hello Richard, This current market with low gold price and the rash of salteing scams has us as low as I can remember ,the market is terrable across the board good drill results and a quick pop in a stock and profits are taken for fear of a salt shacker! If we are not at a low I would think we are close enough that buying quality jr. with production ,proven reserves and good exploration potential should make one good money over the next 12 months I would think, Aurizon Vista,Viceroy, Manhattan,Bema, and a few others come to mind. Maybe divide the money into half buy this month (which may very well be a bottom) and the other half in December in case we stay down that long and get even better deals with tax saleing. I still am keeping my buy out company plays like MAN,BGO,AZS,GIT,etc. Regards Ron Ps. The last time I saw it this bad was December 92, when I bought BGO at .67 cents, and AZS. .39 cents. Gols was $335 But there were no Bre-x scams to add even more problems! No need to waite for blood in the streets to buy it;s there now!

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next