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Gold/Mining/Energy : GIC

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To: Bruce Patterson who wrote (16)2/26/1997 9:24:00 PM
From: Turk   of 57
 
Bruce, club has not yet sold out our position on BSR, but will be doing so shortly. My feelings on BXM and BSR are as follows: Both are long term holds. I would not advise against further accumulation unless the price is $19 or below. Looks like a $20-22 stock short term. BSR has slightly better prospects with even less downside. Accumulate under $10 when possible. BXO, no one knows. Tends to move for the moment with BXM. Hopefully, they will start drilling soon and give us some ideas about what it might contain.

Sorry for the delayed response.
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