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Gold/Mining/Energy : Goldminco Consolidated Mining Corp. GMC (was GMO)
GMO 0.01210.0%Jan 21 4:00 PM EST

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To: Ron Everest who wrote (512)6/17/1997 12:18:00 AM
From: RonS   of 588
 
Ron, I agree with your take of the situation. No doubt the brokers
are also hurting during these slow times and are probably trying
every trick in the book to make a buck. I thought by now that we had
hit bottom as far as the juniors go but I guess not. About the only
good news these days is the bullish fundamentals for gold which get
better and better with every new record on the DOW. Jim Blanchard
from the Gold Newsletter does a nice job explaining the gold situation
if any one's interested (sorry its too long to paraphrase) but suffice
to say he is very optimistic over the next 12 months. Perhaps this
fall will becomes an exciting time for a select few, especially if
Barrick steps up to the plate and begins throwing some money around.

Regards
RonS
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