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

To: XOsDaWAY2GO who wrote (390)	1/22/1998 2:10:00 AM
From: Gary Green	Read Replies (2) \| Respond to of 749

The problem is that Alta seems stuck at under $5-- When I first bought into Alta, in 1995, there was the prospect that if ALTA was well managed, its share price could go to $10 or higher. But with the price of gold depressed, and with the uses and significance of gold having been changed so drastically, even if ALTA beats all of the other gold companies in terms of efficiency, its relatively small size and the over-arching restriction on the price it can get for its main product, indicate that the stock will not drift above five for many years to come. I am wondering if other owners of ALTA agree with me, and if you too plan to sell as soon as ALTA's price rises to a level where you can eke out a profit?