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Gold/Mining/Energy : GENTRY RESOURCES LTD. (GNY.B - TSE)

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To: Bob Vukovich who started this subject5/16/2001 5:39:39 PM
From: Len Hynes   of 601
 
Now updates on two of our picks ...

Manhattan Minerals (MAN: TSE, C$0.75) is still on a
decline, and we're choosing to get out now before any more
money is lost. As we told you in earlier e-mails, the
company is facing continued political unrest in Peru, which
is affecting its Tambo Grande project, and we just don't
see an end to this problem in the near future.

The second stock on our sell list today is Moydow Minerals
(MOY: TSE, C$0.45). This is another stock that just isn't
performing as our satisfaction. It's time to get out.

But we're also seeing many of our recommendations on the
rise (Gentry Resources, GNY: TSE, up 49% in three months,
CONSOL Energy, CNX: NYSE, up 150% since June 2000 and
Metallica Resources, MR: TSE, up over 300% since March of
this year). It's time to focus on these winners.

Action to take: Manhattan Minerals (MAN: TSE), as well as
Moydow Minerals (MOY: TSE), is a Sell.



Yours for Outstanding Investments,

John Myers
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