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Gold/Mining/Energy : VOISEY BAY'S FIND - A NEW DISCOVERY
CME 285.07+0.5%Nov 14 9:30 AM EST

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To: Supervalue who wrote (42)6/11/1997 9:40:00 PM
From: Rick Murphy   of 481
 
William,
Okay, we obviously have different approaches here: one is called
investment and the other speculation. I'll take 10-20% year after
year with limited downside risk.

Playing the small fry leaves one exposed maybe 90% on the downside. What percentage of juniors ever prove up an economic deposit? It's less than 0.5%

R.Murphy
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