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

To: ForYourEyesOnly who wrote (805)	6/16/1999 10:12:00 AM
From: EZbeliever	Read Replies (3) \| Respond to of 1005

THC... Yea, we have taken some hits, but the game is far from over. The sizeable double on Silver Standard last year has gone a long ways to ease the pain on a couple of these losers. Still, we deserve our fate so far on GRE. How many times have we emphasized the importance of minimal debt and strong capitalization. Violated both principles on this one and have paid the price. In spite of the recent death spiral, the game is not over. As you might guess from the last few days postings, I have added a new block as a pure speculation. Current valuation is a small price to pay for the kind of production we are looking at here. If they survive there is no doubt this will be a ten bagger (minimum). If they bite the dust I will accept a total loss on and move on. This is no place for the faint of heart. Yea, the SA's have been performing. In fact DROOY is starting to look very attractive again. As for CRY, I'll check it out for quick entertainment. Always Appreciate suggestions from you, but on the surface doesn't seem to fit in my mix right now. I like physicals, cash, PM equities, and selective shorts in the general market. Unheard of PE though. Enjoyed reading you postings on Kitco lately. You have been on a roll! Talk to you later. EZ