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Gold/Mining/Energy : Phoenix Gold Resources (V.PHO) -- Ignore unavailable to you. Want to Upgrade?

To: Baba 2 who wrote (155)	1/30/1998 1:42:00 PM
From: Ron Struthers	Read Replies (2) \| Respond to of 285

Hello Baba and all, you may be interested in this on silver. PHO is locating/aquiring equipment to go into silver production at Coyote Knolls The supply deficit in silver for years has finally caught up with inventories and is drawing them down to very low levels. This is supported by the low level of Comex reported stocks and the high lease rates in the silver forward markets that have increased several 100% in the last several months. Silver is eventually going to have to go way higher in price to curtail demand and bring out new supply. It is posible this bull market could be as big as the last one in the early 1980s A detailed report on silver can be found at sentex.net Click on 'SILVER's NEW BULL MARKET'