Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: diana g who wrote (47309)	7/4/1999 1:18:00 PM
From: diana g	Read Replies (8) of 95453

Anyone (Besides Me) Wary of Small E+Ps ???? --Which may be easily subject to stock price manipulation? --Which are under the control of families or other tight-knit groups which don't include me? Whose interests might not always run parallel to that of more peripheral stockholders? I've never been into small mining stocks or anything similar, but I'd bet that someone who has could tell many a tale of fraud and deceit. The mood here seems to be one that Assumes everything is always above board with these little e+p's. I think such assumptions may be unwise. I doubt that anyone who's not on the inside can know what one ought to know before putting money into one of these. Maybe I'm just being unreasonably/excessively cautious, but I would buy into such companies Only if I were Personally Knowledgeable about their operations, owners, etc. Some do look very attractive, but I think there are quite a few risks involved that I don't take with OSX companies and their ilk. Good points have been made about the upside potential of the small e+p's in the near term, but little has been said about their potential for Hidden Risks. BWDIK? JMVHO Good Luck to All ---d

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