Micro-Fine Gold Plays - Franklin Lake, etc. 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 : Micro-Fine Gold Plays - Franklin Lake, etc.

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Victorio who wrote (90)	12/6/1996 7:50:00 PM
From: Grant Baker	of 615

To all: I noticed that much of the activity of this thread has shifted over to the LS Capital/Griffen Gold thread. It is good to see that there is at least one company in the desert mineral play with a promising project that is attracting the serious attention of some investors. However, as I stated on that thread, I would urge caution for anyone thinking that LS Capital has the inside track, and who might be thinking of making a large investment on this particular company simply because they look to be the first one out the gate. IMHO, a better strategy might be to consider this emerging industry as an area play, and then make a series of smaller stock purchases in a number of promising companies. If, as everyone seems to predict, any of these companies could provide the 5X or 10X (or better) returns expected, you will have a greater chance of "picking the winners" if you spread your investments around a bit. The returns might not be as spectacular, but at least you reduce the risk of missing the play altogether if you happen to have bet on the wrong company! One of the reasons I started this thread was to help others identify a variety of companies working in this emerging new micro-fine gold technology field, and hopefully exchange useful information that we can then all use to determine where to make intelligent investment decisions. I am afraid that because there has been a rush over to the LS Capital thread many investors will forget about some of the other similar companies in their haste to be part of the "first" micro-fine success story. If you have played this game for any length of time, you will know that there are likely to many "false starts" made by reputable mining companies, let alone the bunch of up-starts currently working in this field. Lets all agree to continue to do the DD on a variety of companies and not get stampeded into the first action that seems to come along!

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next