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Gold/Mining/Energy : Gold Price Monitor
GDXJ 105.33+5.2%Nov 26 4:00 PM EST

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To: Mark Kubisz who wrote (1230)8/14/1997 12:22:00 PM
From: Richnorth   of 116777
 
14th August 1997

Junior mining selloff appears over

Ottawa Citizen - The wrenching selloff in junior mining stocks in
the wake of the Bre-X Minerals Ltd. debacle appears to have
run its course as some selective buying in recent weeks has
helped the sector stage a modest recovery. That's the good
news. The bad news for investors looking to make a quick
buck is that this is a cautious, selective market that no one is
predicting will catch fire soon. Also looming on the horizon --
a spate of year-end, tax-loss selling that could stall any
nascent recovery.
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