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Gold/Mining/Energy : At a bottom now for gold? -- Ignore unavailable to you. Want to Upgrade?

To: Ray Hughes who wrote (1237)	6/24/1998 2:59:00 PM
From: Alan Whirlwind	Read Replies (5) \| Respond to of 1911

"The best scams are usually about properties in some absolutely unknown moose pasture. Russia and China are going to be extremely fertile fields over the coming years. Enough real properties to lend credibility. Exotic mystique for the public. too distant for John Q to go check out on vacation. Local officials corrupt so they can be bought. We'll have a new clutch of novice analysts after the upcoming washout. Just learn how to scale out on the way up." I agree entirely here. Blanchard was touting Gold Belt for months before Bre-X. It has properties in Russia and the former Soviet Union. The stock lost 90% of its value. Actually, it's trading today at .01 Canadian. Was in the .60's Canadian when it was hyped. I considered it, but fortunately prefer North American and Latin American resource plays. I believe several other mining plays in the vicinity also tanked. PS. We have nothing against the moose, right? --Alan