PHILADELPHIA GOLD AND SILVER INDEX: XAU Message Board

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Gold/Mining/Energy : PHILADELPHIA GOLD AND SILVER INDEX: XAU

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To: Dan P who wrote (20)	2/22/1997 6:51:00 PM
From: Wade	of 28

Dan, At first, I was puzzled about the reason why the SA stock suddenly became the darling of the choice lately. I found that vice president Gore just singed some sort of cooperation agreements with S. A. and there are many big corporations are moving in. The situation of S. A. is apparently improving. There gold stocks are way undervalued compare to the the N. A. seniors. I have a good portion of my money on them. There trading pattern is reasonable predictable..they do not have hype nor PR..basically nobody wanted them. All of the bad factors had been dumped on them. This is where we can find true values. I am playing both N.A. and S.A. seniors. However, I will take quick profit on the the N.A. seniors, but keep S.A. seniors for long run. The quick cash will be invested in Invesco Strategic gold which is mainly on the juniors. Well...this is my own plan. Hope it will work as I planned. Glad to hear from you again. Wade

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