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Gold/Mining/Energy : SRR Mercantile Inc. (SRA.V)
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To: John Lister who wrote (44)6/21/1998 7:33:00 PM
From: CLK  Read Replies (1) of 105
 
For what it is worth I think the problem with this company is several fold. First they are off in a very exotic place. Second, their main market is Asia and Asia is going down hard and third very few understand the economics of mining sapphires so people cannot decide if this will work. Still it seems like it could be fun and I myself have thought about buying some but they already have something like 15 million shares out and they have not even started yet. It should be under 5 million at this point to be really interesting to me. So this is for the real believer in sapphires and they are rare. Still there is something neat about this one and I did enter the contest.
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