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Gold/Mining/Energy : Alta Gold

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To: Steve S who wrote (576)	4/12/1998 6:12:00 PM
From: Francois H. Gaston	Read Replies (1) of 749

Steve: I agree with your analysis. Around 2 is a more solid support level. ALTA should drop if POG cannot rise above 310. There is a lot of blabla on various thread about the EMU and its gold backup. If the EMU is backed at 15% gold and 70% by dollars, I am not sure that this will help POG that much. Future will tell. Most gold stocks are now overbought. Good luck Gaston

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