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

To: long-gone who wrote (61)	1/5/1998 9:02:00 AM
From: Bill Grant	Read Replies (1) \| Respond to of 415

Richard, Interesting post at Kitco: Date: Mon Jan 05 1998 01:23 Jeil (Homestake Mines & avoiding taxes) ID#253228: From the rural heart of the slave state otherwise known as the USA here is my projection for the price of Homestake Mines. We are in a bottom area and I expect that we might approach $8 at the worst this week, if we have not already in fact seen the bottom. After that a climb to $20 by the first week in June ( slow at first with a strong thrust at the end ) . The only significant sell off on the way up might be $3 beginning March 27 ( from $17 to $13 ) , lasting for about ten days. After reaching $20 the first week in June, 1998, both of my models show a decline into mid September, 1998 followed by a rally into mid November, 1998. One model shows the November, 1998 rally higher than June and the other shows it lower. I will not resolve this until this summer, but in any event a nice rally in imminent. My model is based on a trend determined by a polynomial equation ( more to remove the changing value of the dollar measuring stick than to project the future ) and more than 400 cyclical oscillations around that trend. My success has been spotty but improving. I had six option trades last summer with either double or triple results on five and one wipeout. Last autumn I bought puts and just closed that position out for a 10 times trade, so I am gaining some confidence, although I will caution you that in the past I have not had such good results. The present combination of oscillations I think is as close as I have ever come to finding the combination to the vault. I started buying shares at $8.5625 within the last two weeks, and will put on my call option position probably this week. My suggestion to all who wish to break the monopolistic stranglehold that government has on us is to set up a foreign corporation in one of the tax havens like the Turks & Caicos islands and do your trading secretly through that corporation with a Turks & Caicos broker ( no reports to any government and no tax treaty or information exchange agreement ) . With the internet it is very easy to set all this up without venturing much farther than your computer room. Cost about $1,500 annually for a registered agent. If enough of us prevent our master from plundering us, then utilmately this mofia like protection racket will wither.

To: long-gone who wrote (61)	1/8/1998 12:01:00 AM
From: Ed McGrane	Read Replies (3) \| Respond to of 415

Why are we talking about silver prices for HM, primarily a gold stock? I bought some Sunshine Mining (SSC) and some HM last October because I thought both were undervalued. Although my timing was pretty good on silver (SSC), I guess I miscalculated golds's overall weakness. By the way I'm usually several months (or sometimes years) early on spotting major trend reversals. I think if we hang in there we will all eventually come out far ahead. Regards, ED