Mr. Cormier, My congratulations -- I see you're no longer in last place in the Compuserve mining contest. However, it does appear that your porfolio is down over 50%. Looks like solid IPM stock holders are still holding down the top scores.
___________________________________________________________
Subj: MINING MKT IMPROVES ! Section: Stocks:Natural Res.
To: all Sunday, September 14, 1997 10:27:09
PM
From: William Whetstone, 76262,614 #1217662
While it is a unusual indicator, and not one that represents the
whole mining market, this contest with its 100 different stocks, is none
the less a fair repesentation of the stock market in mostly speculative
shares. Crunched in the months after the frauds and bungles in the jungles,
this index was much lower. I am seeing a turn around in many of the better
small plays, that are just now getting financing and putting drills down,
in prime areas 6 months later than had been expected.
The average from the lowest point is up close to $1,500 per player
and climbed about 1% this week alone.
So while Mr Kuntel has moved comfortably into First Place,on the
strength of his excellent pick of PRX - Probe, there are 5 or 6 players
who are challenging and only need one double bagger to be right up there.
Unfortunately there are still only 12 players above the original
starting point of $20,000. There are now another 6 who seem to be moving up
and only need a 10% move or so to move back into contention.
With three and a half months to go, I am beginning to think that I
may have to resort to my secret but legitamate weapon to win. This could be
rough but someone has to win, and while I languish in the cellar, I dream
of a comeback.. Good luck to all.
Bill..
OFFICIAL SCORES as of Friday Sept. 12th 1997 close.
1 Kuntel M. ***** $32,905.08 *****
2 Amundson ML $29,018.89
3 Bacigalu C.J. $26,804.75
4 Dupuie T. $25,472.08
6 Smith G. $24,329.51
5 Shapiro M. $24,180.00
7 Menard D. $22,849.12
8 Adie P. $22,799.94
10 Veit M.R. $21,899.92
9 DeSousa M. $21,296.02
11 Kennedy T. $20,513.63
12 Bartlett M. $20,433.55
14 Rydberg R. $19,412.40
15 Lund J. $19,197.49
13 Templin A. $18,749.68
17 Lee R.L. $18,589.92
16 Kolb K.O . $18,485.84
19 Sinclair-Jones H. $18,215.95
18 Alaimo A.R. $18,098.39
22 Kzmierczak K. $16,749.81
20 Barnes G . $16,538.12
21 Grunikewicz E. $15,849.78
25 Toohey S. $14,600.07
23 Ghate A. $14,357.61
24 Struthers R. $13,818.11
26 Pierson B. $13,798.81
27 Watzdorf A. $13,200.22
28 Wilson J.N. $13,131.05
29 Morrison M. $12,911.34
30 Bonneau C. $12,629.84
33 Biscan Jr F.R. $12,476.34
34 Adamson J.L. $12,417.27
31 Huskey S. $12,391.88
32 Ulin R.R. $12,232.20
35 Whetstone. W. $11,652.43
36 Hreljac R. $11,607.94
39 Cormier C. $9,263.06
38 Robbins B. $8,735.55
40 Trudeau J. $8,454.39
37 Pinho P. $7,914.26
42 Kreindler B. $7,336.16
41 Hunnicutt J. $7,229.11
43 Shankel K. $6,280.20
------------------------------------------------------
DIFFERENCE: ($151,172.28), as in a loss
AVERAGE: $16,484.37
BASE-START: $860,000.00
TOTAL: $860,000.00 |
