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Gold/Mining/Energy : GOLDEN RULE (tse:GNU)

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To: Furry Otter who wrote (890)10/17/1997 5:59:00 PM
From: Jim Steel   of 957
 
<<good money after bad>>

Hardly. I plunked down more money at $1.04 and $0.85. My weighted average cash cost of shares is now about $2.75. Do I think GNU will hit $3.30 for a breakeven net of transaction costs? Sure! Not tomorrow, not next week, but eventually. Whether Stenpad, Fredag, or NAI, I don't know. I analysed Stenpad originally on a geological basis, and that hasn't changed. I like it. I like Ghana. I haven't analysed NAI yet on a geo basis, because I know next to nothing about nickel sulphides and depositional environments. If I like it I'll buy NAI and Donner ( and maybe Prancer, Cupid, and Blitzen!)

Incidentally, GNU wasn't the only stock certificate I have on the bathroom wall. If I take it off the wall, then I need to invest in another potential basket-case to fill the hole. Any suggestions?

Regards, Ujina
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