RIOSUN--TRIPLED SINCE DEC 1st 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 : RIOSUN--TRIPLED SINCE DEC 1st

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Gord who wrote (35)	3/25/1997 6:11:00 PM
From: John Warren	of 208

Gord, I purchased this stock at .70, sold it at .65 (that's a loss), bought it again at 3.95 and may be the only guy to lose money twice on this stock. Actually, I just hung up with Bob at Riosun and he told me the following: 1)Pres is in Vancouver crossing the t's and dotting the i's, and they should have been trading already. He strongly feels any day now. They think they have done all necessary requirements. He will know better tomorrow if anyone cares to call. 2) They went over seas to verify that all contracts (regarding properties I think) were going to remain and no problems there. 3) Samples are on the plane today coming to Calgary and will be in the testing labs next week with announcements to come in a few of weeks. 4)Heavy equipment is on the way. Confirmed that it will arrive in Madagascar April 14th. 5)Drill program to begin early summer. 6) The only comment he made that bothered me was that he said this is normal for companies with very quick growth, to be halted and have their house cleaned up. Not sure I agree with that. Overall, an informative conversation. I guess we can all be sure that the stock will open lower than it closed, depends on the panickers. Knowing what I know about the company, I don't want to be left on the outside when it goes up. I would also be afraid to short this stuff (I have been stung twice already thanks) although some indications to do so are there. I hope like crazy those rotten brokerage companies that shorted the stock and (I feel) caused this stock to halt, lose their pants trying to cover their shorts. The VSE has done the investors a great disservice once again. Cover the brokerage companies, kiss off the individual investors. May good fortune follow us all. I still think that these folks have the gold and gems to move it along positively. John

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next