El Misti Gold Limited (EMG V) Message Board

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Gold/Mining/Energy : El Misti Gold Limited (EMG V)

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To: Alastair who wrote (465)	6/19/1999 9:33:00 PM
From: Berry Picker	Read Replies (2) of 513

Alastair ~~~ As usual your post is full of energy.. I dare to guess your a touch younger than myself. First, I noticed some time ago you kept saying EMG has 80mil shares out. I think I wrote to you once and said that fully diluted I thought it might be 60mil. Then in the post before this one and this one you have said they have 100mil shares out. Note what stockwatch headers for news clips states. Shares issued 40,590,777 1999-06-11 close $0.09 Monday Jun 14 1999 Mr. John Huguet reports SINCHAO LAND POSITION - UPDATE That is "reported" warrants out that are not exercised are not counted and trust me ( I have a friend who bought 150,000 shares PP when the price was 30cents ) most of the warrants out there are going to expire worthless if this stock stays here. Many of the ones that are anywhere close to the current price ,if you call 30cents close and I doubt you believe it will see 30 cents any time soon according to your posts, will expire and never become stock. There was a recent placing at 15cents and those option are good for a while BUT a lot of the option that were handed out last year were only good for a year ( you may be able to find something different if you go through the news clips but I think that is true because I was involved in some of those ) So if your going to continue to just make up numbers HOW can ANYONE respond to what you say ??? Even if you started with 60mil or went back to the 80 mil you made up but when you start off with numbers that are so far from reality how on earth can anything makes sense ?? You are in a very good position to bash this stock. It closed at 9cents and the offer at 10 was very large indeed. A private placement just hit the streets as tradable on the 10th of this month and many of those people are just dumping at whatever they can get ( they paid 15 and have full warrants ) They may lose 5cents but they still hold the option for a year for a 5cent loss. Some people are happy with that Allastair believe it or not.. Not as happy as if the stock went for a run but hey that's a cheap cost to get into a stock that could run to a buck don't you think. ( I know you don't think this could ever run ) Another thing is that INSIDERS are holding a lot of this stock! That is stock that won't just sell as soon as the price goes up 5cents. RE>>therefore we have 4.00 + 3.25 + 2.50 + 0.25 = 10 CENTS<< I did this math myself and came up with 8 cents go figure :-} RE>>then throw in the hype and ridiculous IR practices of Marie Shields...<< Careful Al did you hear a couple of posters on Yahoo are being sued by the people they slandered ?? Again I say if you have been LIED TO or CHEATED or what have you You owe it to the investment community to report Marie to the VSE They do not like Hypsters and will investigate your accusations for FREE.. No lawyers.. You don't need to be a big shot investor or anything they get very TOUGH on people that misuse the public.. Trust me Marie and John Huguet would not be interested in dealing with them if what you say is true. So I think you should either formally charge Marie with something or drop it. The "burn rate" at EMG is $40,000/month They are going to get 70/month cash flow right away. John Huguet is not interested in "consolidating nor issueing more shares" It is a real drag to watch a company just pump out more and more paper while yours becomes less valuable every time they do but it's better than watching your company get pulled and going bankrupt. I believe these people when they say they are going to make this company work. Call me a fool. Time will tell. Why would they bother to continue to try and make a go of it now if they did not believe they will eventually recover? These people could just move on to the next company. Robin Slaughter moved on. John Huguet is a director at other companies. Why stay on with a company that is so out of favor with the public ?? These people are not hard up for a job. You are not alone thinking that this company is all done. Time will tell. They are working hard to acquire more land at Sin Chau Why?? Because its all worthless. They realize that the news clips right now are not moving the stock. It not like they can just pump and dump. How much stock did Marie sell when the price was at $2- NONE How much stock did John Huguet sell when the stock was above $1.50 last year VERY LITTLE. I have talk personally to Victor the geo and he loaded up on this stock last year at $1.20 If this was PUMP and DUMP they should have been selling. Go look up insider activity. Robin Slaughter who is no longer with the company was the only one dumping and if you look at his reportings He's been dumping ever since the company was formed and never stopped !! I don't know Alastair how you Judge opportunity but every book I read says to buy LOW. Not give up and walk ?? I bought a ton of this stock at really high levels. I lost a LOT Probably a lot more than you but that is not the point. I would not be surprised to see this stock wander down to 7cents and not on an odd lot either. I just don't think people have seen the last of EMG.

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