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Gold/Mining/Energy : William Resources - WIM-TSE -- Ignore unavailable to you. Want to Upgrade?


To: Peter Neidhardt who wrote (886)1/29/1998 3:39:00 PM
From: Eric Freeman  Read Replies (2) | Respond to of 1326
 
My opinion - WIM - great trading stock if you look at connection with a beta based on gold price. (IE It moves up strongly on any price appreciation in gold price. - gold up 1% WIM up 10 - 20%) Long term also depends on gold price appreciation. But for now you have to be quick on the trigger. I was out this AM at .52 - based on gold price, and chart. Long term - probably good shot, as long as gold does not tank again, which certainly is not guaranteed. Remember people are still very nervous re - gold, and gold stocks. We do not have a total turn by any means in outlook for price. The range is also getting tighter in here, and although I favour the long side, am quick to (attempt) to capture profits on any breakdown.
Anyway - now that you are more confused than when you started. Good luck.

Eric