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Gold/Mining/Energy : United Keno Hill, UKH, Toronto**** Opportunity Knocks!

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To: Harry K who wrote (306)6/24/1997 10:23:00 PM
From: Bruce   of 1348
 
Harry

Interesting story about the Japan PM. One man moved the world without even lifting a hand.. Can you imagine if they followed thru with even a little gold buying? The market would absolutely shake in their boots. What a way to engineer a spike in gold prices.
IRT to RYO, I just got the quarterly yesterday, looks pretty promising for the company. Have to read more to get a better idea. If Bette White keeps doing like she is that company will be a major player soon.
As far as their cost per OZ., It use to a lot higher, she's done a good job at getting it down. ABX I think is around 175 US. I use to own both of them, but sold in favor of RYO. RYO has a good solid Balance sheet. I am really chopping at the bit to buy more at current prices, but my wife might not be understanding. She wasn't too happy about the size of my UKH holdings. She considers it lost money. Hopefully she's in error. She's never been hit by the gold fever, if she had she'd be as wacky as I am. god what a beautiful color. Dredge season reopens on my favorite creek in a week, can't wait to try out my 2 inch backback dredge. I guess I take owning gold to the next level. I pan,sluice, drywash,metal detect, and now dredge for it.
Pizza is here better go eat!
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