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Gold/Mining/Energy : GEOMAQUE
GEO 15.22+4.4%Nov 14 4:00 PM EST

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To: Mark Bartlett who wrote (63)7/19/1998 3:45:00 PM
From: G.T.  Read Replies (1) of 260
 
Mark you are right about GEO. The company has everything going for it that you would want. 1) producing gold mine making money at these low gold prices, with good reserves. 2) second property that will be brought into production over the next year or so.
But in this gold bear market people believe prices will be lower tomorrow rather than higher and look to buy at lower prices or are waiting to buy when they believe gold will be rising.
Few people are true investors by accumulating solid companies at or near market lows. you only have to look at the trading volumes in the resource sector today down over 75% from 1996.
The smart money is accumulating GEO as it will be one of the leaders when gold does turn up. Turkeys fly in bull markets but only gems sparkle in bear markets and GEO is sparking now.
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