An open letter to jr. gold investers by Ron Pitts 03/27/97

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Gold/Mining/Energy
An open letter to jr. gold investers by Ron Pitts 03/27/97

An SI Board Since March 1997

Posts	SubjectMarks	Bans
297	1	0

Emcee: Ron Pitts	Type: Unmoderated

Introduction Compact

Dear fellow mining stock investors, I know we all feel like the day after Pearl Harbor! As we colleectively try to asses our current plight I hope this form will lend each of us the mutual support we and reasurances we need. The fall out of the Bre-x Debockal has left us in horror! Yet we must remember one companys future will not speak forever about the rest of the market, even if it seems so today! If the companys we hold have cash and major jv.partners to see us threw the lean market over the next period of decline,to continue there drill programs with the money and resources to substain this fall from grace,Prove up there deposites,Then over time they will come back! In times like these the market tends to forget all and I mean all Major gold companys today or ever, were at one time drilling exploration companys.From them came the Barricks,Tech,Placer Domes of today. This cycle is ongoing and will be forever repeated regardless of the Bre-x story. To be sure we have a major set back ,have been stunted and stund. However there are yet many Good chapters and companys comeing to the for even now from the ashes of the market.If you had faith in your companys and for good reasons (not hype) then I for one will hold and see them home! regards Ron Pitts

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Reply	Message Preview	From	Recs	Posted
297	Gee Dave , I wish I could help you! or me or anybody! All i can say is at this	Ron Pitts	-	7/9/1997
296	Hello David; Haven't talked in a while, IMO we will have to endure the sum	tanoose	-	7/4/1997
295	Ron, Do you have a suggestion for a stock or two that might be early indicators	David R. Schaller	-	7/4/1997
294	Right Ron, The market is liquidating our accounts for us. Brutal! Regards, Dav	David R. Schaller	-	6/12/1997
293	Hi Gordon, Yes that sounds about right buy at the top sell at the bottom. At th	Ron Pitts	-	6/12/1997
292	Ron, Hopefully an indicator that the market is starting to bottom out- my broke	Golden Gord	-	6/11/1997
291	Hi Dave ,woops yes that is right 2,000 sorry can;t type or spell! Regards Ron	Ron Pitts	-	6/11/1997
290	Ron, Is that 2,000? Thanks, Dave	David R. Schaller	-	6/11/1997
289	Hi Dave, you pose a good question, I can only answer the total market cap for j	Ron Pitts	-	6/11/1997
288	Ron, I was wondering if you or anyone has heard of any estimate of the total ma	David R. Schaller	-	6/10/1997
287	sorry but inflation is in the equity market...some of the US multinationals sel	Bobby Yellin	-	6/10/1997
286	Hi Ron, Dr Doom here. We can hope that gold rallies, which might occur if we ge	Robert	-	6/9/1997
285	Hello Robert! Indeed you paint a blck picture, Dr. Doom.And for all I know you	Ron Pitts	-	6/9/1997
284	Hi Ron, In my opinion the junior market can now be counted down and out. This w	Robert	-	6/9/1997
283	Thank you Bobby, I coach the pole vaulters the past 15 years and have had a num	Ron Pitts	-	5/27/1997
282	Thank you Don,and please barge in any time you wish! Regards Ron	Ron Pitts	-	5/27/1997
281	Hello Ron: Sorry to barge in but found the following article on silver from the	Donald McRobb	-	5/26/1997
280	jeez...as I hobble around the squash court... anyways..glad you did go fishing	Bobby Yellin	-	5/26/1997
279	Hi Bobby , We did go fishing! about as good as the weather not a compleat rain	Ron Pitts	-	5/26/1997
278	Happy birthday!! any thoughts about Mar West and Curion? Thought you went fishi	Bobby Yellin	-	5/26/1997
277	Hello Robert, You pose a good question when I take in in the contex you bring t	Ron Pitts	-	5/26/1997
276	Hi Ron:It may be of interest to see my Thread "A Challenge to other Newsle	DON	-	5/24/1997
275	I just wondered whether there was an accepted gold equivalent of silver, i.e.,	Robert	-	5/24/1997
274	Ron/ thanks for the perspective.............. know any cos. who manufacture pre	Richard Saunders	-	5/23/1997
273	Hello Richard, This current market with low gold price and the rash of salteing	Ron Pitts	-	5/23/1997

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