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Frank Pembleton

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Frank Pembleton

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Re: Ed Monton post# 4

Monday, 03/17/2003 7:59:15 PM

Monday, March 17, 2003 7:59:15 PM

Post# of 42
I find it incredible that a company can increase their reserves by 35% and then watch their stock price challenge the 52 week low not long afterwards. Fwiw, I'm long on this one (from a higher price) it was one of the juniors that made the cut when I decided to reduce my allocation to this sector.

Turkey or not-- the gold is in the ground and there isn't (as of yet) any infrastructure to be concerned about. Just a low volume sell-off from investors that are reacting (as opposed to anticipating) Desert Storm II.

Regards,
Michael.......


FP........................................................

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