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Gold/Mining/Energy : Southwestern Gold -- Ignore unavailable to you. Want to Upgrade?


To: 1st.mate who wrote (151)8/10/1999 3:54:00 PM
From: Claude Cormier  Read Replies (1) | Respond to of 585
 
Although the results from Hoaya are very good news for the long term and open the possibility of a multi-million ounces of gold deposit, the current market environment is such that it take a lots to move a stock.

I would say that the stock is indeed very tight. But the main problem is the very low profile the company has adopted with a total absence on any promotional activities. I like it a lot because they spend their money where it counts: on their asset base. This implies that for now very few market participant are aware of the SWG story. But this will eventually change, in time.

This kind of approach will pay big time for the patient investors... as this is an investment class vehicle...not a speculation.

CC