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Gold/Mining/Energy : Southwestern Gold

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To: TrueScouse who wrote (59)6/2/1999 10:50:00 AM
From: Claude Cormier  Read Replies (1) of 585
 
Howy,

I did same at $3.45... and plan to add again if we go lower. IMO, SWG is now much morer undervalued than when it bottomed at $2.25 last August.

We now have Accha with a resource of 9M tons of 9% zinc. This China thing. And Two major JV with Kennecot and Southernera on Canabrava diamonds property.

Other that are extremely cheap are MFL, GEO and CBD.

It could last another 12-18 months before the big move starts... but just thinking that gold at $400 means a 10-fold in most of these stocks makes me patient.

The key thing is to select the ones with assets and no debts.
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