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Gold/Mining/Energy : MONETA PORCUPINE ME.t

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To: RonS who wrote (378)3/14/1998 12:18:00 PM
From: Bill Jackson   of 440
 
I think the drop may have something to do with margin year end and a sale to cover an account. It has that appearance. There is no deleterious news on their horizon. As a matter of fact they are involved in three programs that are moving forward satisfactorily and have a financing in place. Let's face it, nobody in the market is too flush until prices return but there is no concomittant disaster happening either. I continue to feel long term outlooks are good.
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