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Gold/Mining/Energy : Alta Gold

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To: Francois H. Gaston who wrote (662)	9/7/1998 9:36:00 PM
From: Shewski	Read Replies (1) of 749

As gold bugs, and followers of Alta Gold, we can't jump to conclusions, just yet. I tend to agree with Francois. We do need to see a sustained price/trend in the price of the commodity before the juniors and intermediates will participate. However, the price movement in the seniors tends to lead the commodity price (which is encouraging). Keep in mind that some of the initial buying in the senior producers will be from the short sellers covering their positions. In the meantime, here is an interesting article from Chicago Sun Times, which is encouraging for the gold bugs (thanks to a representative from Alta for sending it to me). Keep the faith. Shewski suntimes.com

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