Battle Mountain Gold (BMG) Message Board

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Gold/Mining/Energy : Battle Mountain Gold (BMG)

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To: long-gone who wrote (87)	3/15/1999 11:59:00 AM
From: Roebear	Read Replies (1) of 174

Richard, Yeah, I have been following them and of course I hope Bill Murphy the best in this endeavor. Either he is right or deflation monster has got us<g>. What I was trying to say is it looks a bit like I may get a chance to reposition in some of the gold equities (like my favorite NEM). Actually, by selling BMG and HL when I did I am in a good position to do just that with them, BUT, as you know, I have my doubts with that. I may also get a chance, but this is more ify, to reposition with some of the oil stocks. Finally, I saw the hammer on 10/8 and the commodities down spike end of August but could not move effectively as I had too much capital tied up underwater. I do not want to have that experience again. I think another opportunity like that is coming to a theatre near us soon. I want to be ready. But I do not have a good strategy worked out as yet so I cannot give any further comment on that. Once I do work something out, I probably will have a low confidence level with it, so I doubt if I will post it. I will bounce it off of you on a PM if you like (but be patient!) Roebear

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