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

To: Claude Cormier who wrote (3196)	4/22/2002 11:28:00 AM
From: russwinter	Read Replies (2) \| Respond to of 39344

Claude, I think what's different in this cycle, is that the emerging reserve crisis will cause a panic to get going on serious exploring (not pump-dump promotions yet in this leg of the cycle, that will be the final sell signal when that happens regularly) again even at these sub-325 prices. Secondly, unlike prior cycles, the valuations on these plays are nearly zero, and that's an attractive level to start from on any investment of merit. I would submit there are some big winners property-wise sitting out there that even alert observers like us have no idea about, even though I'm sure you have a list like I do. I spent the whole weekend scanning through old editions of Northern Miner just getting good names. It's going to be a real niche of following the smart inside money around, when they make their bets. Ideally, I'd like to "invest along side" as there is another fortune to be made in this play. I'd like some small PPs but that's logistically really difficult for Americans the way it's structured. And I'd ask the question of any venture: how much of YOUR money is in this?