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Gold/Mining/Energy : BRE-X, Indonesia, Ashanti Goldfields, Strong Companies.

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To: Lalit Jain who wrote (26957)9/17/1997 1:03:00 AM
From: Cascade Berry   of 28369
 
All you have to do is read Chelekis's postings to misc.invest.canada for a list of losers as long as my arm...gallery, luminart, urban resource technology...the list goes on. Not one of those stocks went up. Sure your analysis of Denison may be accurate - maybe it will go up - the point was that investing in a company that is devoid of ethics (such as Bre-x or Denison) is a recipe for disaster. You never bought Denison at 100 dollars per share (it did trade there you know). Maybe if the management of that company had ever cared about the environment AT ALL, or all the lives they ruined, they would never have turned that particular company into one of the greatest shorts of all time. Now they are going to try to do it again with their new uranium play. Of course you don't care about that - you just seem to treat it as a trading vehicle - are you really as devoid of ethics as the Denison board? I hope not. The days are gone when ethics don't count in investing...just ask any Bre-x shareholder.

Cheers.
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