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Gold/Mining/Energy : Elkhorn Gold Corp. (EGC-T)
TMO 618.86+2.0%Jan 9 9:30 AM EST

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To: keith schaefer who wrote (74)4/20/1999 12:19:00 AM
From: Dale Schwartzenhauer  Read Replies (1) of 89
 
Just picked up some of this stock a few days ago. I know of management with their previous connection to Bema; the attraction to the Elkhorn district is its former status as a Newmont Property (from the merger with Santa Fe Pacific Gold); and as a technician, I think the stock completed a 3-wave decline from its highs. The recent plunge to $0.15 was a requisite part of that pattern. I don't know where all the early threadsters went, but it's when these things are down and out that we should take an interest. After all, buyers of Amazon or Yahoo didn't do so well at $300/share!

Dale
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