Abacus Minerals Corporation (V.AMC) Message Board

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Gold/Mining/Energy : Abacus Minerals Corporation (V.AMC)

AMC 2.515

+0.2%

Nov 5 3:59 PM EST

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To: Craig Jones who wrote (193)	6/18/1998 9:16:00 AM
From: PSkars	of 397

Craig, Unfortunately the analysts have completely written of the gold stocks and believe that they will be dead forever...which is music to my ears...as I have been a gold bug for over 25 years now and have seen the good times as well as the bad, but one thing is for sure, the gold cycle always changes. So you buy when no one else wants it and you sell when everyone can't get enough. As always, this strategy takes time, but has always worked for me. Also, with the XAU sitting at 70 with a low 2 days ago at 65, what you are seeing is that those that have bought in and are long time holders are sitting pat...so there seems to be a firm bottom of hard core holders left in the market (Assuming no major breakdown in Gold from here). Best of luck Phil

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