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Gold/Mining/Energy : Golden Eagle Int. (MYNG)
MYNG 0.0700+5.7%Feb 21 4:00 PM EST

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To: Michel Grenier who wrote (4886)6/12/1998 9:32:00 AM
From: Jim Bishop  Read Replies (2) of 34075
 
Michel,
<Why would people holding hundreds of thousands of shares buy more?>

When you hit a good one you never have enough... when one goes bad you always have too much. For some the total $$ may not be important but winning the game is. Also remember, when you sell, you have to give a good chunk to the bandits in the gov't, and where we are that could be as high as 54%. Ouch!! I do have 15,000 of my MINE within an RRSP so that at least delays (hopefully) the hurt for a while. I'd like more than I have outside the RRSP.

Jim
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