SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Bema(Bgo) and Arizona Star
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Terry Swift who wrote (8470)11/22/1997 11:40:00 AM
From: the Chief  Read Replies (2) of 10482
 
Terry, sorry it took me so long to reply but, had a good dose of the Flu, in fact still got it !!!

You asked:I'm curious. What "new information" has appeared that you believe has changed the fundamentals of the holdings of BGO/AZS? I don't mean the POG and general market conditions. Apparently, you think some "new information", unique to BGO/AZS has changed the fundamentals of their holdings. Please elaborate.

Firstly, I had predicted more downside to AZS/BGO, they dropped to $1.80/$2.50 after that point.

I like others have had ample time to dissect the currency crisis at hand. I have noted in the last number of years that brokers/analysts do not start blowing the horn of "panic" until they have cleared their ledgers of dog stocks into everyone elses portfolio. I am now a short term bull on POG and believe that we will see a "steady $320" before 1 Jan 98. As soon as the Asian slowdown of "orders" starts to affect the bottom line of more and more companies stocks their will be a flight to bonds, but ultimately back to the "shiny stuff". I have been buying golds and silvers since early last week. I believe $1.80/$2.50 for AZS/BGO is "its low" and it will likely not see it again unless another unforseen disaster occurs.

My opinion only

the Chief
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News