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Gold/Mining/Energy : BRE-X, Indonesia, Ashanti Goldfields, Strong Companies.
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To: emichael who wrote (7245)3/15/1997 6:20:00 PM
From: Turk   of 28369
 
Don't agree with Barry, EMichael. Better buy right now is BSR if only because it will move at a minimum of 50% to BXM, but then you could buy twice as much BSR to make up the difference. And there is the distinct possibility, even likelihood, that BSR will increase its proportionate relationship to BXM up to and beyond 60% of value. Eventually the market will pay heed to other aspects in BSR's bag of investment holdings and joint ventures. As for me, I began in BSR, switched most to BXM, and then sold off some BXM to buy more of BSR. My ratio of BXM to BSR is approximately 2:1.35 as of today. At one time it was 0:4 and during the BXM heyday 3:1. BSR downside (or lack thereof) is reflected in the day to day option play which is still extremely bullish, with very little sign of the bear.
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