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Gold/Mining/Energy : Donner Minerals (DML.V) -- Ignore unavailable to you. Want to Upgrade?


To: Jimsy who wrote (1073)11/16/1997 10:00:00 PM
From: Ed Pakstas  Read Replies (1) | Respond to of 11676
 
Re: Gold... There sure are a lot scenarios floating around...

Leased a condo (for the ski season) to an institutional broker/analyst for Evergreen this weekend... Got to takin' about the Asian situation... This guy is pretty sharp...Figures the US will bail out the Japanese banks and we will get back to a normal market (normal ups and downs)...

The last time gold got up to the 320-325 mark he was advising his client's to unload...Pegged it right that time... He figures that gold should stabilize around the 300 mark... If it breaks that point she is goin' down... big time...Says he is advising his clients to stay out of gold stocks until the price breaks out through 325...

Mentioned the Voisey Bay play's to him and he said that he was quite aware of them... Couldn't continue the conversation (got interrupted by some gawky tourists)...Will be seeing and talking to him throughout the course of the winter...

I kindof got encouraged by the fact that the institutional boys are watching (well one of them anyway)...

...ed