SI
SI
discoversearch

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 : BRE-X, Indonesia, Ashanti Goldfields, Strong Companies.

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: R.M.C. who wrote (14681)4/17/1997 8:08:00 AM
From: Bill Jackson   of 28369
 
R.M.C. Looks like I have started a feeding frenzy here!!
There was one promoter a few years ago who promoted a Shining Tree(near Kirkland Lake, Ontario) penny stock to some gullible europeans all the way to $42 US$ per share before the crash.
He printed fake stock certs and many other frauds. One of his lines about the property was "there was so much gold in the core that you could bend it". I won't say his name, but some of the old timers might recognize the MO. He ended up in jail, and a brokerage was bankrupted with the fall out. It was in the mid 70's. He obviously did not know, nor did the suckers, that a large mass of a ductile metal like gold would soon foul the diamonds and you would stop cutting, and just have a bad bearing. Large masses of native copper have this effect, but it is rare. I have never heard of gold fouling.
Don't we wish there were lumps too big to enter the 1" core.
Bill
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext