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Gold/Mining/Energy : CARMANAH RESOURCES LTD ( CKM - TSE ) -- Ignore unavailable to you. Want to Upgrade?

To: saif who wrote (198)	6/8/1998 2:42:00 PM
From: Neil	Read Replies (1) \| Respond to of 269

First time post here, I've been buying since this stock went sub 4.00 I've read the post that indicates that there is no reason to hold resource stocks in a portfolio at this time. Contrary to this belief was an article in the Calgary Herald on Saturday that projects oil prices may have hit the bottom. They went further to suggest that now would be the time to pick up these stocks at the prices they are. In the recommendations of several prominent investors, 2 recommended Carmanah as a suggested buy within international oil companies. I've tried to find the URL that holds the story to link but as of yet I've had limited luck. So far as holding resource stocks now I believe (only my opinion) that oil will come back (like it always does), this in turn will feed the inflation stats, which in turn will assist with gold valuations. In my portfolio any ways, there's room. Good luck to all Neil

To: saif who wrote (198)	6/14/1998 5:12:00 PM
From: Orwell	Read Replies (1) \| Respond to of 269

<<If Orwell keeps predicting at this rate of success he will be in his way to be the next Warran Buffet :-) :-) >> Well, if you've been following my advice you won't be in for a surprise when you come back from your trip. Sorry to say that CKM has gone even farther south than you. When will people begin to learn that Orwell has always been a great predictor of the future, even since I wrote 1984. Anyway, as predicted oil and gold still falling. Other summer predictions: Yen will continue to fall, C$ will continue to fall until Bank of C raises interest rates, all world stock markets will continue to fall except U.S. which will rise and fall in a 10% trading range. U.S. citizens still plowing into the market, so this will continue to unrealistically hold it up until world events worsen. Bond will be attractive for their coupons, but will be hard pressed to continue gains since the yields are becoming inverted, fixed income offers same rate without risk. If you still want resources, only 2 special situations come to mind: - WestCastle energy trading for $5.15 with a dividend of $0.80 - Farallon trading at or below $3 O.