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Gold/Mining/Energy : Int'l Pursuit (T.IPJ)
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To: Ron Everest who wrote (397)10/8/1997 9:22:00 PM
From: Bear   of 835
 
I hope he's right, but I wouldn't bet on it. Blanchard is prone to
exaggerating and I've heard he takes money to promote stocks. He
heavily recommended Venezuelan Goldfields largely on the basis of its
Venezuela properties, before drilling on those properties came up empty and the stock lost over 90% of its value. I enjoy his newsletter, but you have to take what he says with a few grains of salt. I believe he previously wrote that Pursuit will sell the copper
properties for $80-160 million. His prediction record on companies and the price of metals is dismal.

Bear
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