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Gold/Mining/Energy : United Tex-Sol Mines (ASE:UTX.A) -- Ignore unavailable to you. Want to Upgrade?

To: Buckey who wrote (394)	5/19/2000 12:10:00 PM
From: Stan Treacher	Read Replies (1) \| Respond to of 527

The market feels it has a lot of time and that there is no hurry to buy. The stock has a gross value of .80 a share based on the 1,000,000 figure and drilling has already started again. I own over 100,000 shares now and feel although I may have to wait longer then I expected that in the end I will receive over $1.00 a share. When the buyout takes place and K has stated in its annual report that it will happen ( just not when) that there will be little opportunity to buy cheap stock. I am not a bull in this market and feel that this stock is a fairly safe long term hold. If the market tanks it will not hurt this stock on a buyout. If gold goes below $150 an ounce then I got a problem but can you imagine what would happen to the industry if it did? I personelly do not think it is possible.