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Gold/Mining/Energy : Greenstone Resources GRE.T or GRERF OTC -- Ignore unavailable to you. Want to Upgrade?

To: SwampDogg who wrote (797)	6/14/1999 4:54:00 PM
From: EZbeliever	Respond to of 1005

fuddle...True, the percentages are immaterial. I agree, companies on the verge of biting the dust are dangerous. In fact, GRE deviates from my usual requirement of solid capitalization when it comes to junior resource companies. One I really like for the long term that is well capitalized is Metalica (METLF). It has a world class deposit in Mexico, no debt, substantial cash in the bank, and a free ride on a partnership agreement with Cambior. This one is priced dirt cheap and will be around for a long time. I prefer to own juniors that can weather a prolonged storm. However, GRE is unique in one aspect that makes it a resonable speculation. SUBSTANTIAL PRODUCTION. Even a slight turnaround in the POG will be felt immediatley. Of course, survival is the primary issue. Good luck with all your investments. EZ