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

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To: Ron Pitts who wrote (285)6/10/1997 10:34:00 PM
From: David R. Schaller   of 297
 
Ron, I was wondering if you or anyone has heard of any estimate of the total market capitalization of the jr mining sector? If it represents 500 stocks with an average market cap of $20mil the total market cap would be about $10 billion.

Knowing the size of the market might help us gauge the effect in the future of losing (through fraud ect) the market cap of a company like bre-x.

No big deal, but I thought someone might know.

Regards, Dave
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