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Gold/Mining/Energy : WHAT'S A GOOD CANADIAN STOCK TO SHORT

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To: Bill Jackson who wrote (90)5/26/1998 7:28:00 PM
From: chevalier  Read Replies (1) of 112
 
Agreed again. This stock cannot go to the moon on 4 drill holes demonstrating probably less than 100 meters in length with the POG in the dumps. Secondly there will not be more holes in the near term so what is there to speculate on? I have been hearing the rumours about the majors as well but like all other times except for Arequipa, it will probably amount to nothing. I remember not long ago Bob Bishop discussing must be owned projects and companies like Franscisco Gold or Farallon for example. These would be much better purchases for a major than SJD who's project is in politically unstable Ghana. Whatever fuels the market I guess. Currently I have no position in the stock and will probably wait for it to base for a while before making a long or short decision.
Off Topic: My guess for the next mining company to be bought out will be Platexco PGMI on the CDN (soon to be TSE listed). PGE play who's S. African property is intersected by the famous Merensky and UG2 reefs and drilling thus far has yielded typical reef grades. This is pure spec. at the moment but I would not be surprised to see FN or EN interested in the company. Anglo is the other obvious choice
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