Dutch Central Bank Sale Announcement Imminent? Message Board

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Politics : Dutch Central Bank Sale Announcement Imminent?

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To: ForYourEyesOnly who wrote (1785)	10/31/1998 9:45:00 AM
From: Alan Whirlwind	Read Replies (2) of 81118

THC, Take a look at some of these jr miners. Goldbelt Resources, recommended by James Blanchard pre-Bre-X at .65 a share Canadian. Dumped its "big" property in Khazakstan. Last price .01 Canadian. Conucopia--a silver property on Nevada's "Carlin Trend". Hyped by various newsletters and tout sheets at $2 back in '94. Opened yesterday at .03 US. Spent 17 million on a mine which didn't meet the production/return criteria of it's bankers. Sold the mine to Vista Gold. Vista Gold, recommended by Skoussen, Day, and others at $1 US 18 months ago. Selling as low as 1/8 last month. A bid for 3/16 would probably go through with little patience. Miramar Mining, once claimed $150 million in cash and some good prospects in Cuba and South America with a stock price at $7 a share Canadian several years ago when the Canadian dollar was stronger.. Has $90 million cash now. Low POG making profitable production impossible. Now selling for under a buck. Echo Bay Mines, a real producer with a share price of $17 a share in '94. Lower POG has devastated this stock. Set a bid now at $2 and see if it doesn't go through. Yuma Copper, was $4 Canadian only a couple years ago. Stopped trading at one point. Last trade: .62 Canadian. Dayton, flirted with $8 a share in the fall of '96, missed a debt payment recently. Traded as low as .25 a month or so ago. Currently at .50. Even the much celebrated Arizona Star with its huge Chile gold find which had it trading at $14 Canadian in the summer of '96 opened yesterday at $1.25 Canadian. Mining stocks for the last two years have been a who's who in who's been slaughtered. However, the end has come I think. Bottom fishing has little danger for companies one deems as survivors of the current metals bottom. Just remember, issues such as these are all speculation, but when a speculation hits, the money rolls in.

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