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Gold/Mining/Energy : Atacama Minerals
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To: kingfisher who wrote (34)11/22/1997 11:41:00 AM
From: John Sladek  Read Replies (2) of 105
 
Hello R:

Thanks for posting the info on Solomon - hopefully they can spark some interest in Atacama, and get the price to where it is more reasonable.

I have a couple of positions in junior resouce companies, so I understand what you mean about lack of liquidity, and about good companies being knocked down. If if the company is into base metals or has the word "gold" in the title, people are selling it big time.

Of course this has created some incredible bargains, and there are some people who have been buying and are now promoting some of the weaker sectors like zinc (which is way off its September peak)[see techstocks.com ].

I also own some stock in Repadre Capital Corporation which buys gold royalties. They say that the expect to get many more (and presumably better) royalty deals since the junior copmanies can't get any money from the market.

Regards,
John Sladek
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