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Gold/Mining/Energy : A bottom-fishing Derby for resource stocks -- Ignore unavailable to you. Want to Upgrade?

To: Eashoa' M'sheekha who wrote (1)	12/1/1997 6:54:00 PM
From: Jimsy	Read Replies (2) \| Respond to of 17

Taurus - I like your URLs. Bottom-fishing stocks could be a big payoff this year. I am updating Brian Fagans list of 101 stocks (published in Nov/Dec Prospector) with total of $1.6 billion in cash. The percent cash as a percent of market value is even higher for most stocks than in his article due to the overall collapse of the resource sector. As soon as the tax loss selling is over and the fund managers quit dumping stuff they don't want to show because of the embarassment going into the RRSP season, there should be a rebound in many of these cashed up juniors at least back to the market value equal to cash in the bank. If gold comes back a bit also for the same or other reasons, then I would expect an even larger gain in some of these 101 companies. Now if you could time the buying of every runback to catch them all, I reckon you could do pretty well.