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Microcap & Penny Stocks : Anglo-Swiss (ASWC), Gemstone Discovery

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To: John Liu who wrote (1)7/10/1998 1:01:00 PM
From: B. E. Barry  Read Replies (1) of 6
 
I only see opportunity here !!

I agree there is investor pessimism about precious metals stocks. This is why diamonds and gemstone exploration stocks have an appeal. Gemstone prices do not fluctuate like gold has because of central banks selling, oversupply or Asian economic meltdowns. Unlike diamonds (de Beers), gemstones have no international cartel controlling supply. Gemstones are viewed as something rare, precious, beautiful and desirable which give them their value. I have yet to see anyone wear a troy ounce (bar) of gold around his/her neck. Unless, of course, it's jewelry - set with a gemstone.
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