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Gold/Mining/Energy : Juniors at ground floor and sleepers

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To: virginijus poshkus who wrote (89)5/23/1997 9:25:00 AM
From: CLK   of 117
 
Of "when issued" post split stock - see my last post for details. I know that looks silly but since I am fully invested I just wanted to own some to peak my involvement. Welcome to this thread. Hope you will join in on this one. It is a long hauler but looks to me like a monster in the hatching phase. If you have not spoken to Sheridan Jr. , you should - he is an very bright and interesting guy - instills alot of confidence when you talk to him. His older brother Michael is the same way (LUCE). We know what the father did with LYDX. I learned yesterday that not only is their family wealthy but they are associated with another wealthy mining family so they may not have the same financing post-bre-X blues that other juniors face. The BIG problem is that the COAT system is prone to corrupt trading practices where bids disappear when you want to sell and sometimes you cannot buy except at market. Still that keeps the interest down allowing us to get in. If these results were not on a coats stock the price would be higher. The 3 for 1 split will be distributed in June so there will be 6.3 million out. Guyana is obviously a great location and this is the richest area as I understand it.
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