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Gold/Mining/Energy : Valerie Gold (VLG)

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To: David who wrote (108)6/11/1997 10:26:00 PM
From: F. Evans   of 195
 
To David, GOOD CALL. I agree, you know why --

The analyst that authorized the 1.5 million offer at $14.00 last year was Mallilieu (not sure of spelling) who is second in power to the noted and North American known Bianchini. Unfortunately, Bianchini heavily promoted Bre-X and because he DID NOT do his DD homework he has egg all over his desk. In addition, the U.S. lawsuits have already slapped him AND Nesbitt with multi million dollar suits.

One does not need to imagine how much the mutual money managers suddenly got hot potatoe fever with unproven junior gold mining stocks. Most of Valerie support was the institution buying power and now thgey are net sellers. Where else will the price go but down. How far is anybodys guess but there is still room below a dollar. A GREAT BUY and a STEAL IF the future drill results are feasible for mining potential. Who has the cash right now. Other juniors are lower and have greater upside. LOO is a good example. At 24 cents the current drill results could take it to 50 cents ina sneeeze.
That 100 % jump is more likely to happen short term than Valerie going back to $ 3.00.
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