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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: Frank Pembleton who wrote (6196)1/8/2002 8:20:16 PM
From: Davy Crockett  Read Replies (1) | Respond to of 36161
 
Agreed. Currently 35% Silver & da rest in Gold. I am considering selling an underpreforming CDN GOLD junior & buying a Silver stock with a nice Gold mine on the NYSE based strictly on the chart action FWIW. But I am not sure yet.

I am frequently wrong in these deliberations, but right enough to make it worthwhile...

A real conundrum sometimes<ng>

Regards,
Peter



To: Frank Pembleton who wrote (6196)1/9/2002 1:31:34 AM
From: nspolar  Read Replies (2) | Respond to of 36161
 
Frank, you have any comments on Bema (BGO)? You dabble in it or not?

Someone was pumping it the other day on a board so I decided to give it a quick glance. Offhand didn't like the fact that most of their assets seemed in high risk environments. Kind think I have enough risky stuff - PASS, KGC, DROOY, CDE, HL, and yes I got stuck with a small lot of ECO, for my juniors. Have some NEM, AEM, and GLG to round out the lot.

Hey maybe KGC will hit 2 by March. Make us both happy. I got loads of that stuff.



To: Frank Pembleton who wrote (6196)1/9/2002 9:22:36 AM
From: Art Bechhoefer  Read Replies (1) | Respond to of 36161
 
Frank, by far the largest industrial demand for silver comes from photographic products. However, this demand is dropping as digital photography replaces conventional film and printing. Given the present trend, is there any reason to believe that overall demand will increase?

The best available data indicate that in a year or so, the only conventional cameras sold for amateur use will be the throw away variety. New sales of cameras will be mainly digital. Of course, conventional film will be sold for existing cameras, but overall sales of film and paper will probably decline, notwithstanding the increase in consumer demand for cameras in developing nations like China.

I don't see how silver prices would be able to go much above $5.50, even if it is true that new silver supplies are getting scarce. In this connection, it is also true that a great deal of silver is reclaimed, particularly from the processing of film and photographic paper.

Art