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Gold/Mining/Energy : Pacific Rim Mining V.PFG -- Ignore unavailable to you. Want to Upgrade?

To: DeplorableIrredeemableRedneck who wrote (7870)	11/26/1997 12:41:00 PM
From: Bill Jackson	Read Replies (1) \| Respond to of 14627

Darren; Lend the Asians the $300B from your petty cash and save us all. What happened to the reputed December gold shortage, concommittant rally. I know, December is not here and this is a last attempt by the shorts to get a crash to cover with. Any other theories? Bill

To: DeplorableIrredeemableRedneck who wrote (7870)	11/26/1997 1:25:00 PM
From: Phil Jones	Read Replies (2) \| Respond to of 14627

Darren: I look at the rate of gold's decline as being a positive. The faster it drops, the faster it has to come back. If it had been sitting at say US$320 for a long period, I'd be a bit more concerned. What I think may happen is a bounce as in 1985 or so, when it kept dropping to around US$280, then one day bounced back to around US$300 and next day to around US$330. It seems an ideal time to get into junior gold stocks, since even though gold's price is dropping the junior golds are already very low and further drops seem to be having little impact on junior gold prices, i.e. there's only an upside.