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Gold/Mining/Energy : Asquith ASQH up 29% today...

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To: stock wiz who wrote (61)3/13/1998 12:43:00 PM
From: bill   of 65
 
Don't own any ASQH directly but indirectly through URP, which also
has been completely trashed. Yes, the gold indications they've got
are very good. But gold is down and as usual in the stock market
there is little balance between fear and greed. Everyone rushes
wildly from one side of the boat to the other. At the moment
the mob is all packed along the pessimistic rail. Gold is down and
will stay down forever and ever. Just as when real estate companies
were down and would stay down forever and ever Except those who
chose wisely at that time now have made a fortune on real estate.
3,000,000 in the bank. A good sign. But who knows the pessimists say,
gold might go down to 35 dollars an ounce, it might go down to nothing, it might even have a negative value. Of course,once things turn around, all the pundits will write articles about why you should have bought it earlier. I hope you make a a bundle on ASQH. And, yes, I've been watching and waiting and will probalby buy some.
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