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Gold/Mining/Energy : Delgratia Mining (DELGF)

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To: John C. Doody who wrote ()2/8/1997 1:46:00 PM
From: Tomato   of 532
 
Thanks for the last two paragraphs. No thanks for the prolific advertisement.

One thing you don't point out in your shameless self-promotion, is that you don't seem to have a lot of savvy about the mining industry. For example, take Dakota Mining. If I'm correct, it's in your top 10. However, and correct me if I'm wrong, you don't mention that they have a potential large liability with future reclamation expenses (somthing I learned from a reliable person in the industry). Just figuring the market cap/oz. of reserves doesn't always tell the whole story.

As for Bob Bishop, I have no love for him, but I bet his track record is a lot better than yours. One Diamond Field in a portfolio of, say ten stocks, would tend to make one outperform the XAU. Your insistence on excluding Canadians that don't meet your reporting criteria automatically excludes you from 10 baggers. Kaiser, for example, only picks stocks he thinks can go up 500% a year. If he is right just 20% of the time and the other 8 stocks in a portfolio of 10 are flat, he's got an 100% return. I think he achieved 81% last year. The good thing about Bishop and Kaiser is that their picks, being mainly exploration plays, are less dependent on the price of gold, silver, and platinum, than your picks are.

If I had to buy a newsletter, I would buy Kaiser and Bishop, look up market cap/oz. of gold in the Goldsheet, and would be saving money and getting a lot more market moving information that I would have had I sprung for your over-priced newsletter. If you wish to continue this spitting contest, please be my guest, but my bet is that nobody is reading this, and I'm sure you're too busy getting free advertising by promoting yourself on other threads. PS:
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