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Gold/Mining/Energy : Swannell-SNL.VSE Diamonds in Forte a la Corne Sask.Canada.
GBR 0.849-1.1%Jan 15 3:31 PM EST

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To: J. Kittle who wrote (3)1/1/1997 9:32:00 AM
From: Ron Waller   of 48
 
Jeff, Happy New Year!

I have been there at the top of the chart many times before too and without the ability to average down, got caught in too high. I think that if you had any tax-loss cash for bottom picks, this one could have helped average you down and hopefully out.
However, I think you did the right thing getting Kensington because I think it may be the MAJOR Play of the Forta a la Corne area, and these companies, Swannell ,War Eagle, Shore Gold, etc. may continue to get some attention when all the excitement hits this year, provided they have some good news of their own, they will hit some new highs as well. just MHO.

I get Due Dilligence packages, E-mailed reports and of course read all I can my self on all these area players, just to try and keep ahead of the market abit. Having the added the internet in the last year, has certainly added to my $Portfolio$ and my gut feelings about my investments.

Best of `97 to You! Ron.
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