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Gold/Mining/Energy : Northern Crown Mines (NCW-V)

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To: Kevin Vickers who wrote (304)6/19/1998 8:41:00 PM
From: Claude Cormier  Read Replies (3) of 349
 
<< After todays' rally, would you be investing in NCW or more inclined
to RIC, TVX, etc? Also, what do you think of today's rally in gold price? IMHO I believe this is the start of a turnaround. This is why if I have been so quiet for so long! On commence! >>

As I mentionned in this weekend issue of THE GOLDBUG's COMMENT, I am suspicious about this week move in gold. I am still watching before getting back to 100% invested. But it will not take too much before the bull is confirmed. For now, the rally since December 1997 has been stopped. We will need a sustained move above the 100-days moving average and much higher volumes. The gun is loaded, but I am not yet firing.
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