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Gold/Mining/Energy : A to Z Junior Mining Research Site -- Ignore unavailable to you. Want to Upgrade?


To: 4figureau who wrote (918)8/10/2002 12:39:31 PM
From: 4figureau  Respond to of 5423
 
AAM: Atacama Minerals

Missy Sullivan, from Forbes interviews John Meyers.

>>Adviser Q&A
Bull Run For Hard Assets
Missy Sullivan, 08.09.02, 11:20 AM ET

forbes.com

Which are currently your favorite mining stocks?

Newmont Mining of Canada. This is not the same company as the American Newmont. This one was formerly Franco Nevada. Because it doesn't hedge like other producers have been doing for years, it's not locked into a price, allowing it to take full advantage of the bull market in gold this year.

Atacama Minerals. This company, which is based in Vancouver, has excellent gold and silver mine properties. I am betting that it will be bought in the next year to 18 months. The principal shareholders don't want a big company. We purchased shares for 37 cents, which are now up to 67 cents. I think it may be bought for as much as $2 Canadian.<<