VOISEY BAY'S FIND - A NEW DISCOVERY Message Board

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Gold/Mining/Energy : VOISEY BAY'S FIND - A NEW DISCOVERY

CME 265.49

+1.0%

Oct 31 9:30 AM EST

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To: Graystone who wrote (467)	10/30/1997 1:15:00 PM
From: Terry J. Crebs	Read Replies (2) of 481

Graystone, in my never-so-humble-opinion the market responds more to hype, fear, inuendo, and greed than any technical or fundamental analysis. A perfect example of my "jaded" image of the junior mining market is Bre-X--in Feb it was hailed by experts, journalists, etc. as the greatest mineral find of the century--by May it was shown to be the biggest scam. I try to never believe the market-driven hype. That said, I think South Voisey has many exploration similarities to INCO's Voisey's Bay. Right now, South Voisey is interesting, but it is not economic, yet. I think the market is speculating that the puny little intercepts in Boreholes 67 and 75 bode of better stuff nearby. Maybe, but I'm skeptical. There are lots of thin-little high-grade zones all over the planet--most are not and never will be mines. Good Luck, T.

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