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Gold/Mining/Energy : Canadian Diamond Play Cafi -- Ignore unavailable to you. Want to Upgrade?

To: VAUGHN who wrote (838)	5/23/2003 2:16:15 PM
From: jrhana	Respond to of 16203

Makes sense in less someone wants to make a real speculation and get in early

To: VAUGHN who wrote (838)	5/24/2003 5:22:07 AM
From: E. Charters	Respond to of 16203

BII (Funds and Institutions) will buy any sort of paper out there that is liquid. They had all sorts of pre feasibility stuff on their books at the time of Bre-X including Bre-x. They hold so much of the market, so broadly that they cannot just stick to feasibility stocks and producers. Besides that, such post feasibility and production stocks represent the least certain stocks to advance in value, and funds are all about growth not decline, so they must be into paper that is undervalued in order to get gain. This means holding drillers. Bottom line, they trade in and out of all sorts of promo paper, the same way you and I would. ... You do trade promo paper don't you? Come on, you are on SI!! What's the matter? EC<:-}