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

To: Cogito Ergo Sum who wrote (11087)	4/24/2002 9:14:30 PM
From: Frank Pembleton	Read Replies (1) \| Respond to of 36161

Kastel... I've done really well since unwinding my position in Bema and dumping both Birim and National Gold - it helped buy Minefinders (up 55%) and Northgate Ex. (up 20%) and added more Cumberland (has Canada's third largest gold deposit). I just got a little nervous holding an index stock like Bema if gold were to trade within a range - but if gold continues its upward accent - Bema's higher priced reserves become minable - which will IMHO drive this stock through the roof. Read the annual report - it'll make you even more nervous than you already are. :) Regards Frank P.