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Gold/Mining/Energy : Bearcat (BEA-C) & Stampede (STF-C) -- Ignore unavailable to you. Want to Upgrade?

To: Mr Stock who wrote (1517)	9/17/1998 3:56:00 PM
From: teevee	Read Replies (1) \| Respond to of 2306

Hi, In this market the seniors are getting pounded and it looks like we are heading for a "no bid" downturn from here. There is no market for juniors other than "show me the goods-and they better be outstanding" and evaluate from there. Today there is no premium for "potential", "we're gonna", and "our well tested at...". If these market conditions continue, production will have to show up on quarterly financial statements with positive cash flow before the stock prices will move. On a positive note, at least the exploration targets in the Turner Valley area are "elephants", and with a major exploration success here, "big money" will be attracted.