Int'l Pursuit (T.IPJ) Message Board

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Gold/Mining/Energy : Int'l Pursuit (T.IPJ)

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To: Ron Everest who wrote (614)	3/9/1998 4:35:00 PM
From: Traveling Man	of 835

Ron, This ain't much to halt trading for. This is life with jr. resource companies and I'm beginning to be influenced by a gentleman on another thread who has repeatedly urged investors to stop being taken by jrs. He preaches skipping the indirect investment method of buying corporate paper and directly invest in O/G drilling. Though riskier up front(not much after 97), the rewards cannot be diluted by selfcentered management or herdbound investor's whims. I suppose if they have a proven/probable resource of 4-10 mil. oz. au,we'll be happy yet,but this is certainly only a hope today. Other than Barrick,what small jr. is now a major after developing several mines and entering the big time? TM

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