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Re: Elliot Waves Reseachers Many Fakes



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As a matter of fact:

Gold Canyon Resources:	Jan.98 : 0.75 - 1.00	Aug.98 last : 0.95
Royal Oak Gold Mines:	Jan.98 : 1.25 - 1.50	Aug.98 last : 0.625
Brush Creek Mining:	Jan.98 : 10.0 - 8.00	Aug.98 last : 0.475
(split adjusted)

Data from www.stockmaster.com

A.

Rajesh wrote:
> 
> Check this out : This guy Larry must have had to put BOTH his feet in
> his mouth:
> Jan the stock was apparently around 4 bucks today it is available for
> 9/16.
> 
> For me Prechter would easily qualify in the same category as this guy
> Larry Strauss.
> 
> 
> JANUARY 13, 1998
> 
> Brush Creek Recommended a Buy by Elliott Wave
> International Analyst
> 
> GRASS VALLEY, CALIFORNIA--Brush Creek Mining and Development Co.,
> Inc. (the Company) is pleased to call attention to an interview in
> the financial press that took place yesterday.  The interview
> featured Steven Porter, the Sectors Analyst at Elliott Wave
> International and Larry Strauss, Senior Mining Analyst at
> Cannacord Capital Corporation.
> 
> During the course of the interview, Larry Strauss claimed:  "The
> longer gold remains depressed, the more powerful the move to the
> upside will likely be.  Consider that over half of current gold
> production is uneconomical at today's prices."
> 
> In response to the following question:  "What is your near term
> industry outlook?  Which gold mining stocks are you recommending
> and/or avoiding?"  Steven Porter responded:  "Canyon Resources,
> Royal Oak, and Brush Creek are enticing plays that I would
> accumulate at current levels.  I look at them as core positions as
> we are well into the crisis stage.  The worst of the damage has
> already been seen in these junior stocks.  They represent some
> hard value as opposed to the glut of paper assets choking the
> market now."
>