Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Mr.Staya who wrote (7948)	12/6/1997 1:32:00 PM
From: Phil Jones	Respond to of 14627

There was a similar (maybe the same?) item on silver soaring in today's Globe & Mail. There was also a couple of articles on gold, unfortunately all quite negative. A spokesman for Lehman Brothers said that he could see a new "technical top" for gold of U.S.$300, and the gold sector dropping a lot further. Made me think for a bit about getting out of junior gold stocks. But then I started to think how wrong such predictions can be proven by some sudden turn in world politics or other unexpected event. I often have the thought of where things would stand today with Bre-X stock if 200+ million ounces had actually been proven at Busang. And would it have resulted in the price of gold being U.S.$250 at this point?