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To: LLCF who wrote (33847)	5/19/2000 9:11:00 AM
From: pater tenebrarum	Read Replies (1) \| Respond to of 42523

DAK, indeed, silver stock piles are near a 50 year low. the supply / demand deficit has persisted for well over 10 years now, and it's the most heavily shorted metal in history (3 1/2 years of production are currently sold forward at an average $5/oz. - totally insane). any other commodity with fundamental characteristics such as these would have at least tripled in price by now. it was recently observed that only FOUR large traders hold almost the entire COMEX short position in silver. they are probably the usual suspects...so be aware, it's a manipulated market, and the parties involved will do everything in their power to keep the price suppressed. once it clears $5,60, you'll know they have lost control and the big short squeeze is on....

To: LLCF who wrote (33847)	5/19/2000 9:17:00 AM
From: pater tenebrarum	Read Replies (1) \| Respond to of 42523

btw, since you mention HM, i am very positive on the stock as well. it has some choice assets and recently seems to have hit a motherlode with its South American exploration play. it seems the discovery is much bigger than originally estimated. furthermore, HM has a strong supportive shareholder who owns 25% of the outstanding shares, the German Baron von Finck. he's well known as a canny long term investor. then there's of course the potential for consolidation in the industry, and HM seems to me to be a very likely target...