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Gold/Mining/Energy : ABER RESOURCES

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To: Tomato who wrote (811)11/10/1998 5:41:00 PM
From: Lorne  Read Replies (2) of 2006
 
Your point is well taken although it is quite easy to recall bad
moves by people with big cash over the previous several decades. I
am therefore praying that I don't have to read a list of everyone's
favorite stock scams over the next few days. Now for a bit of a reply. Firstly I don't think it too wise to hold up Warren Buffet
as an example of a guy who screws up when investing large amounts
of cash. My point was just that the guys who took down the $103
million financing are most likely to know more about the reality of
Diavik than we are. I'm not saying that it's a sure thing, I'm just
saying that there are a lot of good indicators with this stock and
I firmly believe that now is a good time to buy. I'm not naive about
the diamond market and have indicated that this is where Aber's most
serious problem may lie in previous postings. Now do you really believe that following the serious cash is a mistake or are you simply nitpicking, because for every example of a screw-up that you give I'm
quite sure I can come up with dozens of times that people like Buffet
were bang on.
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