ORI Omni Resources, TYG Trumpeter Yukon, AKA Arkona Res. Message Board

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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: Gramps who wrote (191)	7/21/1997 5:52:00 PM
From: Andrew G.	of 444

Thanks Gramps, and Chris. Maybe there's some hope. This time last year almost all the minining stocks were languishing after a furious first quarter run. Then they really caved in the last quarter, perhaps due to investors taking their year-end capital gains/losses. Based on last year, it seems that there is not that much summer/fall activity in mining stocks to generate investor interest. Is there an annual cycle to it? If so can we expect mining stocks to struggle along for the rest of the year until first quarter '98? I had a pleasant surprise from one of my picks. Molycor (MOR.VSE). They found some heavy concentrations of Platinum in their copper porphry. They were up almost 80% today, though far from their 52 wk high. Still a great bargain! check them out.

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