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Gold/Mining/Energy : RED EMERALD RESOURCES
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To: kidl who wrote (515)6/16/1999 8:06:00 AM
From: hugh thorne   of 862
 
This stock is trading at shell prices - no value for the deposit. I can't possibly see how anyone who is objective can be happy right now. These guys have been saying the same thing since October 1997 when they were late on the feasability study. It has been a consistent, out of the press, story of we are working hard so trust us, the stock will jump and when it does!

I think that in part, what i have been trying to do is demonstrate that blind trust in these guys may not be prudent. There have been a few minor discrepancies and people have the right to know. I would hope that some people may be somewhat less willing now to simply take the meager bones tossed out once and a while and just go to the corner.

I have not suggested that anyone should sell this stock, they are nuts if they do. However if every lurker and poster phoned IR and kept hammering them for info then we would be excercising our shreholder rights for disclosure.
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