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Gold/Mining/Energy : Gold's Six Month Base Near Completion

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To: bob k who wrote (31)5/26/1998 4:42:00 PM
From: Bill Murphy  Read Replies (2) of 94
 
Bob,
I cannot stress enough that you buy our 1998 Gold Book Annual out in a few weeks. The book will have quarterly updates sent. You can
review it on our website,www.venerosogold.com
We are looking for a move to $370- $400 within one year and expect the move to begin as soon as this last tranche of central bank selling ends. They are STILLl there and in the FINAL stages of pre EMU selling. Today, the market was hit with some hedge fund selling as every commodity was down. We then look for the market to trade sideways for awhile after it reaches the $400 area and then shoot past $600. The book explains our reasoning, in detail.
We will eventually be putting up a growth gold section on our website. There are many, many good ones. Ten baggers will be commonplace in the next several years. Tremendous value is out there at today's wiped out prices. Three of our favorites are Golden Star Resources ( amex) Canarc Resource Corp ( tse ) and Greenstone Resources ( tse ).
Good Luck
Bill Murphy
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