Exploratory Mining Companies getting ready to EXPLODE Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Exploratory Mining Companies getting ready to EXPLODE

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Robert who wrote (3)	6/26/1998 12:26:00 AM
From: Jetter	Read Replies (1) of 99

Robert, Nice site... Take a look at ALDM. Take a good look at their latest PR. They are in the middle of what I think will be the short squeeze of the year, and on top of that they are sitting on $800mm (their share) of a concession in Africa that will be online this fall. To squeeze the shorts they are retiring their current common shares, they are issueing two new classes. As a shareholder of record by June 30, you will receive a common share and a preferred as a dividend. By retiring their current common shares (current float is 550,000 shares) they will force all shorts to cover (current short position is calculated at 2mm shares short). I've been in this since $.25. Should be very interesting from here on in. Book value on this one is betwee $4-$5.00 per share.... Scott

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next