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Gold/Mining/Energy : 1 Million oz. and up.

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To: GM who wrote (75)4/7/1998 11:33:00 PM
From: Robert Dydo  Read Replies (2) of 144
 
How about their coffer? It seems to be pretty empty. You and I know these days cash or miracle can rescue junior mining from the condition they are in. On the top of it they have only reported sampling, the property you are talking about is not bought in full? Did US$750K were forwarded on Feb 28/98?
To little data to tell about their resource potential, no drilling.
My opinion, too early to tell. Potential -yes, but undervalued? I am not sure.
Regards
Robert
Rest
On this occasion I want to say that GSL for few days is no longer with us. 1.30 on the bad day.
Micap's MSR is trading higher than first mentioned, still 1M is not drilled yet. Someone mentioned GQM. Feasibility done resource of 1.56M oz but not economic under $350. Still $1M cash.
POG had a bit of setback today but came around and close higher. Asia is trading 0.10 off NY price so I think we are witnessing a creation of a new base.
This reminds me to mention my old pick which became cheap recently PGI, full blown producer, take a look(I think I do know why went down so much and did not really participate in the rally of two days started on Friday). Another one really good, ARZ, looks very cheap. Their break even number is 303.
I was around but we resource investors had some quiet days, well now I am here.
Regards
Robert
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