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Gold/Mining/Energy : Position Trading in Canada

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To: Cush who wrote (741)	2/15/1999 2:52:00 PM
From: keith massey	Read Replies (1) of 2259

I'll second the opinion about waiting for an uptrend. Remember everyone trying to determine the bottom of PRX a couple of months ago. I remember a few people trying to pre-guess $1.85 as the bottom during the downtrend. Hopefully they didn't hold since the stock is now in the .90's. It is almost a given that JFM is going bounce. The question is what price is it going to bounce off? Although the bring in $100 million a year in revenues they still lost .36/share in the third quarter. They can have all the revenue they want but if they are not making a profit....... Best Regard KEITH

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