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Gold/Mining/Energy : Fairmile Gold -- Ignore unavailable to you. Want to Upgrade?


To: Scott Reynolds who wrote (3363)12/9/1997 7:59:00 AM
From: Bob Walsh  Read Replies (1) | Respond to of 4057
 
Thanks Scott - very interesting. The Canadian markets are no worse than the US small cap.

Regards,
Bob



To: Scott Reynolds who wrote (3363)12/9/1997 6:34:00 PM
From: Rick Westfall  Read Replies (1) | Respond to of 4057
 
I have been reading about the same stock swindles in our local business section. Most of the people seem to work out of Florida. Makes you wonder about our management. The guys that had a lawyer represent them at the company meeting. All we can do at this point is hold tight and hope the market turns. There are numerous articles that point out that there will be a day of that the gold loans will be called in and the gold will have to come from somewhere. Most Countries have been selling to buy American securities. The day will come (hope it's soon) that gold will regain it's luster. The American market will have to belly up first falling at least 1500 to 2000 points. With the regulations relaxed with the trading rules that halt trading it is possible to see it happen.

With the Asian Market in trouble we could see a turnaround soon. And the only sign that this is more than a scam is Echo Bay's involvement with Fairmile. Echo Bay might be in trouble with the low price of gold but at least it's a "real mining" company.

Rick