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Gold/Mining/Energy : GOLDEN PHOENIX MINERALS, GPXM -- Ignore unavailable to you. Want to Upgrade?

To: Krukov who wrote (65)	3/25/1998 9:19:00 AM
From: TheNamelessOne	1 Recommendation Respond to of 811

I think GPXM got suckered in by FSS just like we did. However, I do believe that this company has potential in the longer term. It is unfortunate that they became involved with FSS. The price of gold has affected many gold mining stocks, in fact I was reading that at a gold price of around $270 to $280 many mining companies have a net asset value of zero. Once the price of gold rebounds the price of the stock should increase as well. In the meantime I bought another 500 shares at .65 to lower my average cost. I had bought 500 shares at 5 3/8 so I am in a worse position then many of you that bought in the 3-4 dollar range. Sante...