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Gold/Mining/Energy : United Keno Hill, UKH, Toronto**** Opportunity Knocks!

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To: Scripts who wrote (1101)12/16/1998 8:10:00 AM
From: Harry K  Read Replies (2) of 1348
 
All I've heard is that positive news re: financing is anticipated any time now! I've noted that other silver miners (the usual ASM, FSR-T, SSO and PAA) are also posting new lows - and in the case of SSO, their stock rallied in only the short term before sinking back to near their previous low, AFTER very positive exploration and development news was released recently.

We all know that these are times these stocks can be picked up at bargain basement - maybe even sub-basement, prices, but no one wants to be the first! This, despite silver remaining firm (actually it has inched back up to $4.95 today), gold remaining in the $290 -> $295 price window, and other commodities such as zinc (.43 - .45 and inventory continuing to fall, as it is for silver!), and lead (.22 - .23) remaining firm.

One would think this market must be near or AT the bottom by now - mines are shutting down - diminishing supply must be ringing alarm bells somewhere, one would think ...

Anyone else have any news to share??

Harry
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