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Gold/Mining/Energy : International Panorama

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To: debra vogt who wrote (189)3/16/1998 11:02:00 PM
From: Paul Dancer  Read Replies (1) of 264
 
Thanks Debra - I too am hurting when it comes to mining stocks (mostly due to listening to the Natural Contrarian), but do think it's worth holding on and buying more if possible.

That Scott Fraser is quite a piece of work. It takes quite an arrogant person to recommend a stock from $2 to $5, and all the way up and down and about, and then give up on it at 80 cents, and then have the gall to revel in the "success" of it. Yes it had 3 profitable price runs, and 4 more devastating slides south!

Cant say I'm surprised though. He also wallowed in his own brilliance in recommending Corriente at $11 after it was trading under $2. This was of course because he had at some point mentioned that it might go up 50%. Since it did top out at $17, he dug up this comment as a belated sell advice and thus this was yet another winner. I assume ILP will go down as one also. (for him, not his subscribers)

Sorry to go on - hope to find some more informed input on here!
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