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Gold/Mining/Energy : AVL.V - AVALON VENTURES

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To: DRT who wrote (1207)3/25/1999 4:16:00 PM
From: Pete Mimmack  Read Replies (1) of 1474
 
"...time to move on." Been there, done that, and probably should with some more, but have more than enough tax write-offs for now. Sorry you lost money. I still believe we'll be solidly over $1 by EOY, but one never knows.

As for PGMs, I'm real happy with my small investment in SWC (split-adjusted 11.67). But it languished for almost 2 years before moving up after they did the contracts last fall. Since I own a producer, I'm not too excited about anyone else finding a big deposit and am glad it's hard to do! AVL shouldn't need PGMs to make money.

Thanks for the answer and all the good work you did here. We'll miss it.

Pete
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