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Gold/Mining/Energy : FSCNY

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To: Bilow who wrote (28)12/4/1997 10:55:00 PM
From: bobby beara  Read Replies (1) of 52
 
Hi Carl,

Gold is not gonna go out of style like the hula hoop. I think it's getting close to the time to start picking up more shares. I'm thinking mid/late December would be a good time to start buying.

I normally frown on averagin down, but this seems to good to pass up.

Whay to do think?

>>>>but, their expenses are in a local currency.<<<<

Doesn't this mean that if their currency is devalued like just about every other currency on the planet except the USD, that they will be a low cost producer - bingo!

Maybe that's why SAG did so we'll in the 30's.

-Bob
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