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Gold/Mining/Energy : Virginia- VIA on Mse -- Ignore unavailable to you. Want to Upgrade?

To: Bob Vukovich who wrote (24)	12/11/1997 1:24:00 PM
From: Luc Richard	Read Replies (1) \| Respond to of 30

Hi Bob, thank you for your opinion. Well, the price of gold is not very hight for the moment but I think the situation will improve sooner or later. First, with the shutdown of many gold mines, the quantity of gold in the market will necessary be lower. Second, I don't understand why the banks who want to sell their gold annouce it before if they know that will lower the price of gold and consequently reduce the profit they will do...so I don't beleive them. Third, there is a big game that is playing now and we have to wait until the speculators have finish their game. Fourth, the discovery in " La Grande Sud " is very promising. Five, more interesting is the possible discovery of a Big Ni-Cu-Co in the proprietery of " Chutes-des-pass " in Lac St-Jean. We will know soon if there is something there but if there is, like usually, Virginia has 1200 claims in this sector and will have all the interesting spots. So, I'm very confident about this company and we just have to wait. Luc