MIRANDOR-MIQ ON MONTREAL Message Board

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Gold/Mining/Energy : MIRANDOR-MIQ ON MONTREAL

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To: Sailfish who wrote (2046)	7/17/1998 12:55:00 PM
From: saul mikaliukas	Read Replies (2) of 2635

Ray...To answer your question Out of the 100+ gold junior exploration stocks I monitor, MIQ is in the top 5% for On Balance volume and accumulation. It just shows the sophistication of the big player's block accumulation strategies. Gold being at almost 18 year lows has totally eliminated the speculators interest in gold stocks. Especially after the Bre-X affair. The time to accumulate junior golds is now since, the speculator is throwing his money on YAHOO, Coke and all "THOSE" fantastic Blue Chips, RIGHT? I personally feel the risk-reward ratio is turning toward the down and out juniors. MIQ has been and still is one of the best as far as technical behavior. Of course things will not go up overnight but, when the BOYZ have their fill and see that their costs are greater than the amount of MIQ stock they are able to shake out then they will begin the move upwards and in my opinion that is around the corner and will be explosive so, the little fella who has sold at these levels will have to pay big in order to play again.

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