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Gold/Mining/Energy : Delgratia Mining (DELGF)
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To: John McDonald who wrote (170)4/11/1997 9:32:00 PM
From: Steve Smith   of 532
 
John,

When you buy a stock recommended from a broker, your chances of losing your money is greatly maximized. Think of a broker as being a used car salesman. His product is some worthless stock and he makes money by selling you the stock. I guess some people have to learn the hard way. That's why I think if brokers and analysts know so much about what stocks will go up, why is that they themselves aren't millionaires living off some tropical island?

I sense sarcasm in your last post to me. I was merely pointing out the facts here. People are entitled to their own opinions. I've seen too many of these stocks that turned out to be scams. Hope you came out okay. And by the way, I would not definitely go long on DELGF. You might see it drop further and then get delisted by Nasdaq. As I've pointed out, DELGF does not have a 10K or 10Q report at the SEC database. Good luck!
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