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Gold/Mining/Energy : Silver prices

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To: AurumRabosa who wrote (1426)	11/17/1998 8:49:00 PM
From: Alan Whirlwind	Read Replies (1) of 8010

Ron, I lost a good sum on one of those speculative natural resources issues I got into a couple of years or so ago. However, had I put the same money into Dayton, a dependable producer IMO, I would have lost just as much. The industry has been absolutely hammered by the $100 an oz drop in the price of gold and by a similar % drop in copper. Smart people would have bailed from everything the day gold fell below $350 and copper below a buck. That said we're at a bottom here and I've accummulated a bunch of mining shares at multi year lows. Also picking up more junk silver under $5 an oz. I'm betting the tables are ready to turn about now. --Al

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