SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Northern Crown Mines (NCW-V) -- Ignore unavailable to you. Want to Upgrade?


To: Kevin Vickers who wrote (308)6/20/1998 5:48:00 PM
From: Texas77  Respond to of 349
 
I like the way you put it on the line. If we can break $320 gold I think we will see the juniors return to favor. I was going to empty my junior PF next week and move on, but I think that inflation will be raising it's ugly head again in the next quarter so if I sell it will only be to reposition to other juniors. I don't expect to see inflation and interest rates like the early seventies but I fully expect to see 8 - 9% easy. Too many have pronounced it to be dead so the time is near. Everyone says the Pacific Rim is in shambles so the worst is probably behind us. I believe that by the time the masses see something it is only the tail they see. I remember just a couple of years ago everyone was saying to get into the Pacific Rim for real explosion. Perfect timing for an explosion down is what it was.



To: Kevin Vickers who wrote (308)6/21/1998 4:04:00 PM
From: Claude Cormier  Respond to of 349
 
<<La raison pour laquelle I asked you what price gold had to reach to move the juniors is I am concerned that if I am right will these prices make an impact on NCW.>>

IMO, they will...and NCW should react to them.