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

To: Elizabeth Andrews who wrote (21327)	9/27/2003 5:35:12 PM
From: E. Charters	Read Replies (2) \| Respond to of 39344

But that's looking on the bright side. And how many shares have they sold? Wheaton is just top heavy with growth talent. Look how far they have come since being a stalking horse gold miner with break even pit somewhere in BC now long forgotten. They went back to town for so many loads of potatoes since then that Idaho has lost count. I heard they are splitting their shares 20 for one, changing their name to Enron Gold Enterprises and publishing a book, Mining for Dummies. EC<:-}

To: Elizabeth Andrews who wrote (21327)	9/27/2003 8:06:07 PM
From: Tommaso	Read Replies (1) \| Respond to of 39344

Thank you. The evaluation is still qualitative rather than quantitative but is certainly worth considering. Companies in other areas, however, have prospered by acquiring assets during a period of rapid appreciation of an entire industry, even if they are not themselves very sound or engaged in fundamental development. Prior to our exchange of messages on Wheaton I had sold out my wife's entire holding, which had doubled in value in about six months or less. I also sold about 40% of my Wheaton warrants, recovering much of the money I had put into them. I think I will hold my remaining Wheaton interests mostly on the "greater fool" way of investing. If gold continues up, people will grab at anything that smacks of gold. WHT is a small part of my investment program.