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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies

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To: The Street who wrote (3842)9/14/1998 12:15:00 AM
From: Yellow Jacket  Read Replies (1) of 119973
 
I prefer to stick with the minors that react better to changes in gold price: BGO, DROOY, RYO. I don't like other minors because they are not as liquid and don't seem to generate a lot of institutional interest. I also don't like moonshots. For every BCMD (rose ~300% in two days after reporting a gold strike early this year)you'll find several CMYN's and KRY's. I also don't play the majors. To me it's like going to a casino and playing bingo. You wanted a list of majors for "safety," but somehow "safety" and gold stocks don't go together very well. But, if you still want that list of majors, look at NEM, HM, PDG, BMG, FCX, and ECO. As I said earlier, I'm out of gold until it jumps over $300 or returns to $275-280.
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