CVR: V Consolidated Viscount Resources - Ringer??? Message Board

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Gold/Mining/Energy : CVR: V Consolidated Viscount Resources - Ringer???

CVR 9.068

+0.8%

Nov 10 3:57 PM EST

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To: John Stokes who wrote (225)	4/19/1997 9:21:00 AM
From: Jim Woodman	of 409

Like so many of these juniors plans and schedules are not met, no cash flow materializes and so on. One thing about it though, they havn't kept issuing loads of shares to finance their lifestyles (in the name of working capital or project financing). The share structure remains tight. It's a matter of playing the promotional cycle with many of these plays. Unfortunately that will be much harder thanks to BXM. I just have a feeling a promotion is coming. I hadn't heard from IR since last spring and even their unsolicted phone call telling their "story" may be an indication they are beginning to promote again. No question in today's environment any junior exploration company is a huge risk though. Just the same, sooner or later it will be promoted, let's hope it's sooner. Last year on the strength of VB it hit $7. Maybe $4 this year, or maybe we'll have to wait til next year, if we want to wait it out. Now if they are correct this time and they do get production going it will no doubt pleasantly surprise a lot of people and we'll get a ride out of it. All the best

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