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Gold/Mining/Energy : GGFI-GUYANA GOLDFIELDS
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To: Michael Brody who wrote (72)5/24/1997 8:48:00 PM
From: CLK   of 259
 
Agree again. I think the big negative is the COATS system. It is a tricky place to trade stocks so many people avoid it. I am feeling cautious also but I feel very positive about the people and about the location since it is so famous for gold. People are betting money on Franc-Or (FOR.T) but this one is so much better. The jungle bit is a bother but if it is big enough they will attract the majors. I have been told that bids disappear when you want to sell and offers when you want to buy etc on the COATS. I think some hanky-panky goes on there fairly often. That makes it tough in my book. The rest I am willing to gamble on. My bet would be larger on a regular exchange.
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