An Anology on the possibility of a RUN upward on speculation( note the SOMETIMES comment in bold below!)( I am tired of hearing that a R/S is ALWAYS a detriment-not always is true, IMHO), since no ONE is spouting any POSSIBLE ..ility that...this JV might just FIND THE METAL...in EXPLORATION; I thought I had to stress the below post by the well respected Richard Mazz at another thread who in that DIFFERENT scean, sees a need to mention ther WHATIF on a REVERSE that may be good in time. So in Jaba a REVERSE may be GOOD in time, I will EXPLORE THE POSSIBILITIES of waiting for a METALS Discovery by this Many DIFFERENT CLAIMS AREAS COMPANY: Message 11683865 Message 11683865 siliconinvestor.com <<..To: +Bob Walsh (11958 ) From: +Richard Mazzarella Saturday, Oct 23 1999 11:26AM ET Reply # of 11977
Bob, if there has been any thing that Tim Hall has taught us it's: "follow the money". Let's follow the money:
1. Would long term holders for this stock dump now? Probably not since the price is too low, selling for tax loss in 1999 doesn't have to be done until the end of December.
2. Is the stock being shorted? Probably not since shorting at current price is very risky, even stupid IMO.
3. Is the stock being driven into the ground to force financial collapse of the company. Probably not since the company reports they have enough funding to start their own cash flow.
4. Is the stock being sold by those expecting a reverse split on merger? Probably not since speculation on improved financial health sometimes increases shareprice.
Also, Global says it will have cash flow soon and doesn't need anything from anyone else.
5. Is there a floorless convert. Probably not since Ed says that Global has no debt.
So where is the selling coming from? Follow the money has me suspect only one source, one that has in the past used stock selling for cash to fund operations, the company. Where is the $150k to build the plant coming from? Ed says that Jensen always manages to find the cash necessary, YES, from selling company stock. Follow the money? IT'S GLOBAL DOING THE SELLING. I would be very happy know that for a fact. Mr. Jensen, how about the facts?
Bob, or anyone, do you have any other possibilities? ..>>> END QUOTE I saw at anyonther thread in massave sell off...and I calimed next to this company and saw THE RESULTS of OUR 8's abutting claims to their Wickenburg Area Claims. Chucka( No our group has no Jaba Areas Abutting Claims!) |