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Gold/Mining/Energy : Black Swan

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To: Grant Movold who wrote (2967)	3/28/1998 8:06:00 PM
From: Steve Johnston	Read Replies (1) of 3186

Black Swan is experiencing the same horrendous market conditions facing all junior miners, post Bre-X, low POG, etc. If they use their cash to drill right now, and find little or nothing, then what? How will they generate additional funding at these depressed stock levels without severely diluting the company. I know it's a tough gold market, but let's not get silly and blame the Management of BSW. Either; 1.) hold tight and wait 6-12 months for the sector to recover, 2.) accumulate more at these prices, or , 3.) sell and stop whining. Regards.

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