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Gold/Mining/Energy : Golden Star Resources Ltd. - A Potenial Ten Bagger -- Ignore unavailable to you. Want to Upgrade?


To: JG who wrote (15)8/4/1998 7:58:00 PM
From: Pete Mimmack  Respond to of 44
 
They deferred that to Frank, whose perspective we have from Bill Murphy on various SI threads here. Frank said they have put some more analyses on their website (http://www.venerosogold.com) just this weekend. In addition to the end of CB selling, they believe that the announcement of that end will help change market psychology, eg, people will realize there is more demand than previously thought. They also believe that Asia will be reflating, and soon, creating lots of good affects on gold: 1) lower POG in Asia making it easier to buy, 2) more money to buy with, and 3) possibly a short squeeze on the big money that's banking on world-wide deflation.

When? By end of year. If you've been reading Bill's posts, he thinks "yesterday" (;-).

Oh, and they introduced Frank in terms of making up for the way they had dodged this question in the last Call!

Pete