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

To: Mark K. who wrote (8277)	12/27/1997 6:30:00 AM
From: Bill Jackson	Read Replies (1) \| Respond to of 14627

Mark K, What you refer to is called bottom feeding, get 'em while they are down. If gold comes back there will be a number of 10 baggers on the exchanges, and some even better. If gold stays down, only those with associated gold/copper/silver values will go back up. There are many stock you could look at, not only PFG. Look to the ones that have fallen the most, for whatever reasons, and take seed positions in the best of them, and be ready to increase your stake/exit as conditions warrant. MGR, MAD, SJD, VPR, SAS, ME, RYO, ABX, KWG, AMBX, are a group that I would watch, but there are a 100 or more others. Bill

To: Mark K. who wrote (8277)	12/27/1997 9:30:00 AM
From: David R. Schaller	Respond to of 14627

Mark, I suspect your brother is trying to gently tell you that this is the wrong end of the business cycle to expect resource stocks to show great strength. I have a chart somewhere that shows which stocks do well at which phases of the typical business cycle. I think precious metals missed the latest cycle completely. In other words; there will be no wind behind our sails. If PM stocks go up it will be because of their individual merits & not because of a general improvement in market conditions. When I have a chance I'll find the article and check my facts. Who knows? Maybe all this talk of a new era & global economy also means that some of the old articles of faith aren't operant any more. In which case, concerns about currency stability, inflation, deflation, exchange rates, and devaluation may have overriding international effects that historical charts can't anticipate. Just guessing, (as usual) Dave