CLAIMSTAKER RESOURCES, (VSE:CLN) 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 : CLAIMSTAKER RESOURCES, (VSE:CLN)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Gavin who wrote (145)	5/9/1997 12:52:00 PM
From: andy	of 199

As a long time holder of CLN I had a good deal of anguish about that run up, too. My checking confirms it was not pushed by insiders, but rather by Silviu and a big stake friend of his who looking for a run up and a sell off, the kind of thing for which he is known. I was not at all happy to see it "run" prematurely because it was certain to fall back as it was not ready to be sustained. That's what it did. Last Feb turned out to be a mini run which faltered because it was an external push and not management supported. This stock is more valuable than 90 cents by many multiples, but it should be much closer to its imminent production phase, which it is now, before it is promoted. The company is now in good shape and is ready to move. Within a half year or a bit more, the shares will be sustainable at several dollars on the strength of the company's earnings, alone. Then it will no longer be subject to those wild swings so characteristic of small exploration companies. I rather see delayed, solid growth fueled by substance than "hot" volitility. I actually hope the volitile seekers sell in frustration and switch to one of the BX types.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next