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Gold/Mining/Energy : Int'l Pursuit (T.IPJ)
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To: Ron Everest who wrote (355)7/9/1997 1:33:00 AM
From: Bear   of 835
 
I agree with your analysis. Some of those trenching samples mentioned had high gold values. If gold stays in a bear market, many mines with
low-grade ore and other uneconomical features will shut down. In facet, the shutdown of mines due to low gold prices has already begun. Deposits with high grades will be in demand, especially if they are large and otherwise economical. Of course, there is no guaranty Pursuit will find such a deposit. But given its gold exploration properties, money, personnel, and the copper property, this stock has a lot of upside potential (and there's always the chance gold will come out of its bear market sometime in the not-too-distant future).

Bear
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