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Gold/Mining/Energy : The Great Canadian Stock Contest (Q2)

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To: Kerm Yerman who wrote (613)6/4/1997 11:29:00 AM
From: Stox   of 732
 
Hi Kerm. Like everyone else, this contest has lost some of its appeal with everyone's picks in the toilet. I'm still here and will post an update very soon. I think June/July will be a lot better months than late March-May were for mining and exploration stocks. We've had our share of scandals and problems for this year (hopefully).

I think anyone still investing in this market after recent events has learned 10 years worth of lessons in a crash course of due dilly and what "red flags" to look for. I think everyone knows now if they did not before why we say only invest what you are prepared to lose 100% because speculative junior stocks have very high risks associated with them.

Research, diversification, and make your own investment decisions. Don't listen to any one source or person and don't follow the crowd. If a free investment newsletter or "expert" is telling you of their latest $5-$10 stock be very careful and check the chart first before even wasting your time researching the stock. 9 times out of 10 you'd be much better off shorting the stock than going long.

el
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