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Gold/Mining/Energy : Black Swan

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To: SARMAN who wrote (3035)5/14/1998 9:00:00 PM
From: John Paquet  Read Replies (2) of 3186
 
Abdul, You are absolutely wrong. BSW is just like the others mining stocks, they go with gold and silver prices, gold hit $276.50 in January, 1998, a 18 years' low, and gold is heading to a higher ground although it had a 14 day's retracement from $315.00 to today's low of $295.90 June contracts. when gold was heading to that $315.00 in early April BSW try to break a new hi of .40 though it was not successful cuz gold went down again. Please don't complain to the management team or whatever, or whoever, only thing for sure is the patience. I give a good reason or answers to many questions regarding gold prices on Cartaway thread, maybe that could help understand what you are in. I hope gold price will go higher this year after that Euro Central Bank's resolution regarding its gold reserves this June and July, but I think that ECB has already sold or oversold its reserves. that is looking better chances that gold will go higher and much higher. When gold prices reach $350.00 BSW will be.$1.50 or more, I REALLY DO NOT THINK THAT BSW IS DEAD AS YOU SAID.

REGARDS, AND GOOD LUCK!!

p.s. Cartaway Resources CWA.A

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