Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: ForYourEyesOnly who wrote (892)	6/29/1999 9:33:00 PM
From: Steve Johnston	Read Replies (2) \| Respond to of 1005

I agree with your comments on silver. Inventories are at a ten year low, and the gap between supply and demand is huge. Sooner or later it has to pop. Check out PAA on Toronto, a relatively safe silver play. As for gold, I think we have some forward contracts (hedged producer sales) to clear through, then look for a turnaround. I'm glad I averaged down on GRE in the teens (Cnd.). My problem is, I am too stubborn (stupid?) to sell right now. If gold makes a near term rally GRE could easily go to 50 cents IMHO. Regards.