Barrick is one company that I have followed extremely closely for several years. All I can tell you guys is that I hope to have more information in the next 4-6 weeks. Barrick will definetely be acquiring, I feel more than 1 play. They have tremendous cash flow and can raise capital in a heartbeat. The current price that Barrick is trading at is truly a no brainer. I have told several associates and friends of mine in the U.S that buying Barrick at these levels can virtually guarantee a double within 12 months with very low risk potential. Anyhow, i truly ahte to use the word "guarantee" because we all know anything can happen, but I hope most of you understand to what I'm eludung to. As for crystallex, I personally have not heard that, but as afforementioned, I hope to have more information in the next several weeks.
As for Orop, I'll I can say is that he or she who show patience, will be rewarded in 1998. Please, do not misunderstand me. I am not a promoter, never in my life intend on being one, nor associated in any shape, way or form with the company. I am a researcher/investor and very optimistic with not only this play but others. I have been a player in the gold sector for many years and over time, I have been fortunate to meet and remain close to several fairly prominent and intersting individuals. Mr. Livingstone is very very well connected in the industry. I do suspect we may see a further little dip in price, short term, seeing gold will most probably fall to $280/ounce. Anyhow, people forgive me if I go several days without responding back. I have a very busy schedule coming up in the next few weeks, but I promise that any information worth mentioning, I shall and will. Don't expect much for this month, but I am very optimistic for this play and a few others for 1998.
P.S-I hope to respond before Christmas, but in the event I don't, I hope everyone enjoys their holidays!!!
Cheers,
Zeus |
