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Gold/Mining/Energy : KITCO - Gold discussion

GLD 427.64

-3.9%

Feb 2 4:00 PM EST

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To: Roebear who wrote (201)	12/22/1998 2:31:00 PM
From: Claude Cormier	Read Replies (1) of 989

Roebear, <<I noted no more pennies, no more juniors, I am buying majors such as ABX and Nem (haven't made my mind up if PDG knows what they are doing) at their inflection points. >> Certainly ABX and NEM are great bargains when compared to the AMZN of this world. But there are juniors and mid-tiers with excellent gold (or silver) reserves, good or excellent financial shape ..that will provide you with a lot more leverage than the big guys. IMO, the bottom is in place in many juniors/mid-tiers...after all you cannot sell for cash with strong properties for too long. Already several are bouncing back..it will be slow at first...but many of them will be 10 20 times higher early in the next century. CC Editor, THE GOLDBUG's COMMENT

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