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Gold/Mining/Energy : SRU-ASE : STARFIELD RESOURCES
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To: dean poets who wrote (537)6/18/1999 5:00:00 PM
From: Claude Cormier   of 1239
 
<<Any company phoning investors telling them to buy shares before results are released, should be investigated!>>

Dean,

Promotion is part of the game, but this is certainly not what we could call highly ethical, I agree with you. But I don't think there is a case for investigation...unless they truly lie to you.

Some IR people are simply more aggressive than others. It is up to the investor to make is own DD, put everything in the balance and decide on buy and sell targets.

It is true that the more aggressive IR people are, the more they look bad when if the results do not match expectations. But what would you have said if SRU had released 80 meters of 3% nickel.

IR people simply don't know the results before you do. Their job is to sell a story. Of course, some do it in an ethical manner and others are over doing it.

But in the end, investors take the decisions.
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