Caussa Capital (formerly Antares) T.CAU Message Board

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Gold/Mining/Energy : Caussa Capital (formerly Antares) T.CAU

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To: bill718 who wrote (1631)	12/1/1997 1:55:00 PM
From: Keith Utz	Read Replies (1) of 4718

Wayne, I've been in and out of gold stocks for about 30 years and only once saw a market as bad as this. What makes this time different is that there are quite a few quality jr. golds selling 80% off their highs with good properties..like ANZ. The last time this happened most of the jr. golds were mostly hype and many never came back. This is the buying opportunity of a lifetime..unless gold becomes useful for jewelry only. In that case it will probably drop another $100. I thing the chances of that happening are slim. The old expression of ..buy low..sell high..never had more meaning than now IMO. That was the secret of Peter Lynch's success and BTW he is on record recommending gold stocks in a recent issue of Worth magazine. We will see... Keith

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