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


To: Tico who wrote (962)3/12/1998 10:04:00 PM
From: Jim-he  Read Replies (1) | Respond to of 1326
 
POG will hit much higher before May. Insider buying and most of short covering will be done in next 1 or 2 months.

The market has been over-reacted on CB's selling because of shorters' propaganda for last years. CB's only sold 400 T ---- only 1% of their reserves in 1997, but POG tanked to record low at $278 in 18 years. In 1992 and 1993, CB's sold 1100 T, but POG only bottomed at $325 (not even consider inflation fact here). Do you believe shorters' dream of POG heading lower ? Don't be fooled.

POG will be up soon.