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Gold/Mining/Energy : Gold and Silver Mining Stocks -- Ignore unavailable to you. Want to Upgrade?

To: Claude Cormier who wrote (1102)	5/26/2001 4:58:48 PM
From: Syncrude	Read Replies (1) \| Respond to of 4051

Claude, As usual, the best common sense answer that could be provided! As a matter of fact, your answer would apply to everyone when reviewing their portfolios on a regular basis, to see if everything that is in it still meets the original game plan and assumptions.

To: Claude Cormier who wrote (1102)	5/27/2001 4:54:15 AM
From: lbs1989	Read Replies (2) \| Respond to of 4051

Dear Claude, Thank you for your reply.We accept there are no guarantees except for death and taxes. We agree no one can predict the future. We appreciate your suggested approach. I have put forward your question and she would be prepared to put it all back into a gold portfolio for several reasons, but she would want to understand the rationale behind the stock selection. She doesn't understand or know what my brother was thinking was the virtue of some of these stocks over others in the universe of gold stocks to chose from. Risk / Reward is certainly a consideration if you can make a reasonable case for a stock in comparing it with another in terms of reserves, cost of production ,etc. She thinks gold is the only real money and that the fiat currency system is in for some hard times. There is probably no other area that is so undervalued or offers the potential for such leveraged returns. So to answer your question she is prepared to "bet" on gold in a restructured portfolio if necessary. I am not sure that some of the stocks can go back to their 1996 highs. TVX with its reverse split and current Greece uncertainty along with the dilution proposal looks challenged! CAU seems to me more like a litigation play. What would the price do if gold goes to $400 while the legal wrangling continues? GSRSF was once a $16 stock I think. Some on this board think it is over hyped. Has it got legs? GLG has been up to $3 recently. No debt or hedging but is it a takeover candidate? Anyway we really appreciate any advice the thread has to offer. In the end we will have to pay our money and make a choice! I have come here because I think this board will be an honest broker. You all appear to be serious investors who have forgotten more about precious metal investing than I'll ever know. The final investment decision will of course be ours and there will be no recriminations for any input from anyone who wants to share some advice and or the benefit of their experience. We will be truly thankful win, lose or draw!! Best Regards,