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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?

To: LTK007 who wrote (13438)	4/27/1999 5:39:00 PM
From: Trader J	Read Replies (1) \| Respond to of 56535

Max - Hard to say, but the problem with BRE-X was that they were doing all their own analysis. It wasn't until they were flying the "real" people out to look at it that people started bungie (sp?) jumping from helicopters without a bungie cord. I have done about all the checking and verification that I can in order to feel safe in this one, and I certainly do. I have only been putting profits in it so as to not lose anything too important ..... just in case. But I like what I am hearing and seeing, especially of late. Read specifically the posts from Mike Gold, KMT, Handshake and Cosmo. These are the people that know the most about what is going on, and all are straight shooters. TJ

To: LTK007 who wrote (13438)	4/27/1999 6:02:00 PM
From: Trader J	Read Replies (1) \| Respond to of 56535

Max: MDIN - Ultimately Max, I would have to say "No", it is not Bre-X proof. There is nothing saying that all of this information isn't a cleverly designed, and well orchestrated scam. But they have been goint out of their way to make money if it is, and they have done such a good job thus far, dare I say that they have almost earned if it is indeed a scam. The only problem that I have is that it always seems to be the next hole that will have the big numbers, and I have yet to see the "big" hole numbers. Secondly, rarely is the market surprised by information .... regardless of the size of the company. This story has been building for a long period of time and really go going at the beginning of the year .... and still the stock just now is getting some play. I still choose to think that this one is going to pay off very well, but I just received a PM from a doubter that makes some very good points regarding those same "next hole" promises that we keep hearing. Their recent numbers do look good though. TJ