United Keno Hill, UKH, Toronto**** Opportunity Knocks! Message Board

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Gold/Mining/Energy : United Keno Hill, UKH, Toronto**** Opportunity Knocks!

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To: Kaiser Soza who wrote (763)	2/19/1998 8:58:00 AM
From: Harry K	Read Replies (1) of 1348

I've seen the document you refer to - want a copy? It's a lot of legalese, and yes, at today's prices, the $6 figure seems conservative, but it was even more conservative when silver was trading over $7. A commodities guy I contacted here feels this pullback in silver prices should end somewhere between the end of February and early March. It's had a terrific run, you see, and the "thundering herd effect" (the little guy buying on news W. Buffet had loaded up on the stuff) caused silver prices to become overbought. What we're seeing now is the swing in the opposite direction, as the little guy panics and unloads (as usual). Initially, Keno's viability was based on $5 silver, you know. Patience!! Harry K.

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