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To: ForYourEyesOnly who wrote (1785)10/24/1998 8:56:00 AM
From: big guy  Read Replies (1) | Respond to of 81108
 
Hello THC

If your going to be buying a basket of juniors and believe this 600 lbs hairball will stick around for another 6 weeks or so you may want to hold off on some of your shopping. If the POG hasn't moved buy then tax loss season can provide some unbelievable bargains.
As Searle pointed out the cost of an education in the juniors can be quite high so proceed with caution.

Best O Luck

Big Guy




To: ForYourEyesOnly who wrote (1785)10/24/1998 12:35:00 PM
From: sea_urchin  Read Replies (2) | Respond to of 81108
 
THC : I don't know anything specifically about any of the Canadian juniors.

When I used to go to Kitco about 2 years ago, I remember a saga with Flag (FGR.A), and some others, where various people lost a lot of money. There were many stories recommending the share. There was a lot of excitement. Many bought. Still more stories. The share flew up. More stories. Then it crashed. No more stories. Only a lot of unpleasantness.

All I'm saying is that one has to do one's homework.



To: ForYourEyesOnly who wrote (1785)10/31/1998 9:45:00 AM
From: Alan Whirlwind  Read Replies (2) | Respond to of 81108
 
THC,

Take a look at some of these jr miners. Goldbelt Resources, recommended by James Blanchard pre-Bre-X at .65 a share Canadian. Dumped its "big" property in Khazakstan. Last price .01 Canadian.

Conucopia--a silver property on Nevada's "Carlin Trend". Hyped by various newsletters and tout sheets at $2 back in '94. Opened yesterday at .03 US. Spent 17 million on a mine which didn't meet the production/return criteria of it's bankers. Sold the mine to Vista Gold.

Vista Gold, recommended by Skoussen, Day, and others at $1 US 18 months ago. Selling as low as 1/8 last month. A bid for 3/16 would probably go through with little patience.

Miramar Mining, once claimed $150 million in cash and some good prospects in Cuba and South America with a stock price at $7 a share Canadian several years ago when the Canadian dollar was stronger.. Has $90 million cash now. Low POG making profitable production impossible. Now selling for under a buck.

Echo Bay Mines, a real producer with a share price of $17 a share in '94. Lower POG has devastated this stock. Set a bid now at $2 and see if it doesn't go through.

Yuma Copper, was $4 Canadian only a couple years ago. Stopped trading at one point. Last trade: .62 Canadian.

Dayton, flirted with $8 a share in the fall of '96, missed a debt payment recently. Traded as low as .25 a month or so ago. Currently at .50.

Even the much celebrated Arizona Star with its huge Chile gold find which had it trading at $14 Canadian in the summer of '96 opened yesterday at $1.25 Canadian.

Mining stocks for the last two years have been a who's who in who's been slaughtered. However, the end has come I think. Bottom fishing has little danger for companies one deems as survivors of the current metals bottom. Just remember, issues such as these are all speculation, but when a speculation hits, the money rolls in.