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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?

To: russwinter who wrote (3187)	4/22/2002 9:51:15 AM
From: Claude Cormier	Read Replies (2) \| Respond to of 39344

<the superior payoffs are going to come in discovery plays:> But this has always been true. A major discovery made by a junior always cause a major upward change in the enterprise value. The problem is that very few are elected. That is why in a bull market, grass roots plays are not the best performers as a group, although some specific issues may become the top performers. The Arequipa of this world are a very rare breed.