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Gold/Mining/Energy : Int'l Pursuit (T.IPJ)

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To: Ron Everest who wrote (350)6/25/1997 12:37:00 AM
From: Bear   of 835
 
Very good news. If this bear market in gold continues, only lost-cost
mines will be feasible. Finding high-grade ore near the surface suggests the possibility of a low-cost mine, especially if the 600 kilometers--whoops, meters--in between the trenches is similarly
mineralized.
But I didn't like the big drop in copper. I hope copper and gold don't go into a bear market at the same time. It's bad enough having
just gold in a bear market.

Bear
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