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Gold/Mining/Energy : Great Basin Gold GBG.VSE (merger of Pacific Sentinel Gold) -- Ignore unavailable to you. Want to Upgrade?

To: Enigma who wrote (152)	1/21/2001 2:32:02 PM
From: russwinter	Respond to of 317

Enigma, you lucky guy, I have the goods. As you can see I've been active lately. I'm in kind of a "snooze you lose" mode right now: see my Gold Monitor posts, so I'm working aggressively on this sector and have some large bets on the table. I spoke by phone for over a half an hour on Friday with Robt Van Doorn (the analyst) and picked his brain on the stocks he follows that I hold. On GBG he suggested that they suffered from a drill result blackout period late last year, that overlapped weak POG and tax loss selling. The cause was twofold: first they lost the Clementine vein to the east (it happens in exploration, not the end of the world). Then because of fires in Nevada, they weren't able to get new drilling permits from the Bureau of Land Mgt. Of course in this environment that's all you need to blow the stock out of the water. The bottom line is that new results are coming, and that we should be more than pleased with them. He feels this is likely to become a mine. Just look at it as another great buying opportunity.