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Gold/Mining/Energy : Alliance Pacific Gold Corp, V.APG (formerly Yukon Gold -V)
APG 36.15+2.0%1:49 PM EST
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To: kidl who wrote (155)7/23/1998 5:25:00 PM
From: ROY PHUNG  Read Replies (1) of 209
 
Kidl

Here is a latest(15 minute ago)comments from Jay Taylor(loser).

Date: Thu, 23 Jul 1998 17:11:16 -0400
From: JAY TAYLOR <#jtaylor9@ix.netcom.com>
Reply-To: jtaylor9@ix.netcom.com
Organization: TAYLOR HARD MONEY ADVISORS
To: KP <kphung@cadvision.com>
Subject: Re: To J. Taylor Alliance Pacific Gold APG(V)
References: <199807232025.OAA751454@huey.cadvision.com>
X-UIDL: a426e1a7f17901b439bb2c39f3bd1c46

KP wrote:
>
> Dear Mr. Taylor:
>
> What is your honest opinion regarding Alliance Pacific Gold(APG)? You
> originally recomended APG at 0.40 and now it's trading at 0.06.
> Is there a possibility of rolling-back shares this year? I had not been
> able to contact the company's directors lately(no response from anybody??????)
>
> Thanks you very much

I recommended selling the stock some time ago when the management did
not honor their comittment to me. I think the junior resource sector is
basically dead in the water until we get some movement in gold. Also, I
think stocks in general are possibly ready for a terrible time of it. I
would be in cash as much as possible. I think Alliance Pacific has some
good properties under better conditions, but investors could be stuck in
this company for quite a while. What we need to do now is try to
determine which of these juniors can survive if gold and other metals
stay where they are now.

Sorry for the gloomy views, but this is the way I see it.

Best regards,

Jay Taylor
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