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Gold/Mining/Energy : Golden Raven Resources Ltd (GVN)
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To: Roman S. who wrote (2444)7/25/1997 1:25:00 AM
From: Russell Gish   of 3155
 
Roman,
I believe GOLD is the key right now. Obviously there are a lot of bargains out there, but in my estimation I don't think the shotgun approach will work for future speculating. That is why it seems imperative to keep our nose to the grindstone as far as CYJ is concerned. Talked to Bill today and asked him if I should try to catch a falling knife and his response was, "what do you think gold is going to do". One reason I like this company is because I think Bill is sincere and if you're not comfortable with the management then you might want to haul butt. Bill does not sugarcoat the prospects of his exploration, but I gather he is very optimistic that there is gold in them thar hills. It pains me to see the price plummet as it has, but I have enough confidence to believe that it is not because CYJ is a bad company. Bill thought we might be seeing some results in the near future, hopefully good ones, on the CA property. He also mentioned that Mr. Skopos has yet to make a determination on the AZ property as to whether to drill some more or obtain a bulk sample.

I do have to make a comment concerning Frank Keszthelyi, (alias PSG). His promotion of this company was deafening to say the least, however I've got to give him some benefit of the doubt that for a promotion of such magnitude that he must have felt comfortable about some aspect of CYJ. Personally I think the California property is the mother lode!!!

Good Luck,
Russell
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