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


To: ANDRE who wrote (3484)3/2/1998 12:35:00 PM
From: mark warburton  Respond to of 4057
 
This is for anyone, What are the state of affairs at FLA? Is there money in the kitty at present to continue drilling? Are there any companies interested in FLA's property? I am sitting with this dog and wont sell my shares for pennies , but, I would like to know what the current situation is with the company.....As for the argument put forth about the price of gold, quite a few of the TA's are saying gold is in the first leg up of a new bull market in gold. I tend to agree with this view as we have seen gold move from 290 to 300, I would have a change of heart if gold broke down through 290 again. In this case look for gold to form a double bottom at 270. The TA's say the second leg up should begin around mid April. Gold will rebound and early signs are indicating this is the case . Good luck to all the gold bugs out there.