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Politics : Dutch Central Bank Sale Announcement Imminent?

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To: Crimson Ghost who wrote (532)8/6/1998 8:29:00 PM
From: Bill Murphy  Read Replies (3) of 81092
 
George,
I certainly will do my best and will be on top of it as much as one can be. As bad as the oil sector has done, can it really compare to the junior gold shares, many of which are down 90 to 95 %.
And yet, it appears you are spot on and a little bit more torture may be in store. Your generalization fits in to the fundamental info I am receiving. A final washout is the feedback I get too.
I still think we can see $400 per ounce or so in a year. These juniors will go up last but the good ones should go up 10 times or more. That is my thinking anyway. Dayton Mining I heard was about an 1/8 th today. This was the Midas' fund number one pick about two years ago. Traded at 8. And they are a producer. What a mess.
Yet, in this morass I could not be more excited about what is to come in the years ahead. Good time charley is right around the corner.

All the best,

Bill
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