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Gold/Mining/Energy : Battle Mountain Gold (BMG) -- Ignore unavailable to you. Want to Upgrade?

To: long-gone who wrote (118)	7/26/1999 6:05:00 PM
From: Yeshua	Respond to of 174

The market has been kept low now for several years by the manipulators, but remember they can not keep POG down forever. In my opinion they were able to do it because the economy was/is in good shape and inflation kept in check. I expect that the Y2K problem will at the very lease bring a mild world recession and inflation will inch it's way up, the price of gold will go through the roof ( I expect that by next year in April the POG to be @ $450-500).Whoever owns gold stocks next year around April will bee able to take a nice long vacation courtesy of gold manipulators and Y2K. Remember in the 80's they did the same thing until they could not keep the POG low any more. Regards Yeshua

To: long-gone who wrote (118)	7/28/1999 4:41:00 AM
From: Roebear	Read Replies (2) \| Respond to of 174

Richard, How are you doing it's been awhile. I sold all my gold stocks immediately after the BOE announcement, guessing it would do some pretty serious damage similar to the Austrailian sale awhile back. At least this time I got out with some profits intact, though the buggers got about half of a very nice gain at the time. Currently my view is a POG bottom is possible here and so I am doing some DD on BMG trying to determine if it is sound fundamentally. I believe it has substantial appreciation potential if the POG turns around. However, I am trying to determine if it could survive another year in the 232 to 260 POG zone, just in case I am wrong on an imminent turn around in the POG. This is my worst case assumption on the POG. Your opinion on the fundamentals of BMG under these circumstances would be valued. Best Regards, Roebear