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Gold/Mining/Energy : Fairmile Gold -- Ignore unavailable to you. Want to Upgrade?

To: Ronald who wrote (3695)	10/8/1998 9:41:00 AM
From: MiKe	Respond to of 4057

Its not the fact of proving one million ounces.It also has alot to do with the market psychology,supply and demand as it pertains to market cycles.Nothing has changed with fairmile since the company was trading over $1/share just like for example:NTL when it was trading at $100/share months ago.Market moods change and when they change favourably for a particular sector or stock then it's the time to buy.

To: Ronald who wrote (3695)	10/8/1998 10:52:00 AM
From: John M. Willis	Read Replies (1) \| Respond to of 4057

Why would Echo Bay walk away? Given the market conditions at the time and Echo Bays financial state of affairs, it would seem, to me,to be the prudent course of action. Checked out their financials, not good,but this is not Echo Bay specific. FLA, most certainly is not a world class deposit but at .07cents.......in my opinion, this is a no brainer. Even if it goes to .14 cents, it's money in my pocket. Is there risk in buying this stock? You bet, but that's not FLA specific either.