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Gold/Mining/Energy : ADRIAN RESOURCES

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To: SOROS who wrote (50)7/2/1998 9:27:00 AM
From: R. Bond   of 56
 
SOROS,

Just did a little checking on historical copper prices from 1988.

High: 165
Low:56
Range:109
Namrevo 15LTP: 60

*The Namrevo 15LPT is average low turning point over the past 15 years.

A glimpse at this monthly price chart since 1993 shows us that we are indeed at an interesting time for copper, technically speaking: tfc-charts.w2d.com. Bearish, BUT near an important low.

Check out the recent weeks' volume on this chart: tfc-charts.w2d.com.

At the least, it's approaching an important point for a trend reversal. Could there be something in the wind for ADLRF?

Cheers,
Bond
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