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Gold/Mining/Energy : Golden Raven Resources Ltd (GVN)
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To: Russell Gish who wrote (2436)7/25/1997 12:32:00 AM
From: Patrick Ives   of 3155
 
Russell,
Good post Russell. As far as I am concerned the PSG has not lied to us about CYJ. He said they would be drilling in Arizona and that he expected the results would be excellent and they were. He said that they would be drilling in California in July and they are. His only downfall as far as I am concerned is predicting that CYJ would make a major run by now. He is not the only broker who has been completely fooled by the extent of the damage that BRE=X and the other scams would have on the VSE. I don't think there has been any run by any junior mining company in the last few months and many are at rock bottom prices including CYJ. There are signs that the VSE has bottomed but I'm sure it will be a slow recovery as the major markets are so hot and the VSE always seems to run contrary to them. The drilling results that CYJ has come up with on the Arizona property would have definately moved it last year, but this is not last year, it will take a little longer this year but I am confident that it will happen. If the California concession is only half as good as Mike Skopos says it is then there will be nothing holding CYJ back. This stock is a steal at it's current level and I'm sure we will be kicking ourselves in the Fall if we don't increase our position at these prices.

All the best,
Pat
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