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Gold/Mining/Energy : Precious and Base Metal Investing

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To: russwinter who wrote (18776)	8/30/2003 11:20:16 AM
From: ogi	Read Replies (1) of 39344

Dear Russ: As always your arguments are cogent and appreciated. Regarding distribution in the current gold bull, I can tell you that my broker( Nesbitt in Toronto) and my friends in the business here in Nova Scotia see absolutely zero demand from the public for gold stocks. That is not a cogent argument of course, but it indicates to me that although there will be pullbacks yet again in this bull run, I still fully expect the trend to continue on through $400. I have been taking profits in my doubles and triples but I am still heavily invested in the sector. I think the industry is driving the gold shares now and the distribution hasn't really started yet. Regards, Ogi

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