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Gold/Mining/Energy : ORI Omni Resources, TYG Trumpeter Yukon, AKA Arkona Res.
ORI 42.13+1.8%3:59 PM EST

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To: CLK who wrote (182)7/19/1997 10:49:00 PM
From: Andrew G.   of 444
 
Chris: Don't bet on it!

I was reading the recent letter to shareholders from SHF.V president. You can imagine the utter frustration of that company which has been so fervently trying to restore their shareholders confindence in their work and the potential of their indonesian properties. Having a COW means nothing; having high grade findings means nothing; drilling means nothing. The institutional investors have been told by upper management and clients not to invest (or divest) from all junior mining and exploration companies. SHF shares can be had for 1/20th of their 52wk high despite overall terrific drilling results.

When does the bleeding stop?

Do you or anyone, have any personal recollections of a similar depression in this sector and how long it took to recover?

Gold is at a 12 year low, from what I understand. Apparently the loss of the Bre-X bogus motherload had postive effect on the value of AU. Can anyone report a similar length of time of depressed gold and what brought it back up?
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