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To: Tommaso who wrote (153049)	2/24/2002 11:53:52 AM
From: Knighty Tin	Read Replies (2) \| Respond to of 436258

T, They've done great lately, but horribly over time. I have mixed opinions. It is nice to have such a fund handy when you turn totally bearish. But in the long haul, it is just as dumb to be a bear all the time as a bull all the time. I still prefer the old days where you hired the best money manager you could find and didn't tie his hands. He or she could go long, short, fat or thin. Morningstar's little investment style boxes made of ticky-tacky ruined that concept. But, if he weren't so old and retired, I'd rather lay back in an easy chair with a babe on each knee and have a John Templeton deciding where he should be long and where he should be short. Alas, no such critters out there now. What many people don't realize is that nearly 20% of all equity mutual funds, including the bearish and gold ones, had positive returns last 52 weeks. Maybe even more of the closed end fund universe did well. But, of course, almost nobody owned them because they didn't have five stars. <G>

To: Tommaso who wrote (153049)	2/24/2002 7:03:15 PM
From: CuriousGeorge	Read Replies (1) \| Respond to of 436258

David Tice ... participated in the Private Placement Canyon Resources Completes $1.85 Million Private Placement Financing GOLDEN, Colo., Jan. 10 /CNW/ -- Canyon Resources Corporation (Amex: CAU), a Colorado-based mining company, today announced that it has completed a Private Placement financing in which it has raised $1,850,500 through the sale of 2,127,016 unregistered shares of common stock at $0.87/share. The financing was undertaken to provide funds to expand the future production from the Briggs Mine in California and to continue the Company's effort to overturn the anti-mining initiative affecting the 10 million ounce gold assets of the McDonald and Seven-Up Pete deposits in Montana, as well as general corporate purposes. David Tice's Prudent Bear Fund, the Tocqueville Gold Fund, managed by John Hathaway, several other investment funds, as well as private investors, participated in the Private Placement. The Company has undertaken to file a S-3 Registration Statement with the Securities and Exchange Commission to register the potential resale of the shares issued in the Private Placement. This press release does not constitute an offer of any such securities for sale. This financing brings the number of outstanding shares of Canyon Resources' common stock to 16,547,338. "Canyon Resources is pleased to welcome new shareholders and the continuing endorsement of existing shareholders with this financing," said Richard H. De Voto, President. geoshares.com Tice hit a homerun woth this, Canyon has rocked since ... bigcharts.marketwatch.com