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Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?

To: Jack Clarke who wrote (12036)	12/21/1997 10:46:00 AM
From: Tommaso	Respond to of 18056

The link with TVX is interesting. The site is not so flashy as to seem questionable. They seem to be in a position somewhat comparable to ABX in regard to hedging. When some money comes in from an oil-company buyout I will take another look at it. I still think my most exciting long prospect in precious metals is PAASF, Pan American Silver. It's been dragged down along with the golds, from the gold price decline, the Bre-X thing, and the failure of all that Far East trouble to set off a flight to metals. But PAASF really does seem to have got rights to an enormous deposit of silver in Russia (though they don't need that at all to prosper), I realize that with deflation/depression a real possibility, it may not be the absolute best time--except that silver has been in a depression for twice as long as the Japanese stock market.