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

To: Dusty who wrote (3500)	3/21/1998 5:44:00 PM
From: Leigh McBain	Read Replies (2) \| Respond to of 4057

Just a quick comment - I have seen many remarks about GC and how he screwed so many investors by hyping Fairmile, but keep in mind that George "ALWAYS" reccommended that you remove you investment from the table once it was covered and then only play with the profit. I too, originally, looked into FLA as a result of GC's coverage. Bought in somewhere in the low to mid 2.00 range and got out between 5.25 and 5.75. Now in my case I believed the slide would continue for a little while (the 5.50 to 5.75 was after the 7.25) and so I sold all of my holdings, not just the original investment. I still believe that FLA has the potential to make a move again, sometime, so I continue to keep an eye on her. Don't get me wrong, I do sympathize with anyone who gets hit with a loss, but that is part of the game, no matter how unfortunate. Salut, Leigh McBain