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Strategies & Market Trends : Natural Resource Stocks

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To: Jim Willie CB who wrote (4407)	12/5/2003 12:47:37 PM
From: abuelita	Read Replies (1) of 108622

thanks jim- i was asking because he had this to say about tumi resources. i have been a small position and i was wondering about his credibility. “I took the opportunity to invest in Tumi Resources Ltd and bump up my silver exposure. To-date all I owned was ECU Silver. Tumi has two significant projects located near Guadalajara, Mexico which have positioned the Company as one of the premier junior silver-gold explorers in that country: 1) The advanced Cinco Minas silver-gold project; and 2) An extensive portfolio of early stage silver-gold projects in the Gran Cabrera area which includes more than twenty significant old precious metal mines that historically produced high-grade silver-gold ore. A couple of weeks ago the company announced bonanza grade hits at its El Abra mine area of: 20m averaging 3.2 g/t gold and 845 g/t silver, including 6m averaging 9 g/t gold and 2,608 g/t silver Naturally, the stock ran up the past couple of weeks on the news, but set back today to $1.66 Cdn, down 5 cents. Its TSX Venture symbol is TM.V. If further drilling results confirm the above results, Tumi could really move. The gold fundamentals remain a "10+." Now that we know the Arabs are going to do all they can to keep the oil price from dropping and are very concerned about the dollar drop, it makes it even more likely they will step up their gold purchases. The scenario for gold and silver just gets better and better by the week. GATA BE IN IT TO WIN IT! MIDAS -r

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