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Gold/Mining/Energy : TRIVALENCE MINING

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To: Elizabeth Andrews who wrote (500)7/7/2000 2:34:37 AM
From: Crane  Read Replies (1) of 527
 
A quick response to your comments....
I'm not sure what you think that I'm taking as gospel. I don't pretend to have any "original or compelling" information on TMI (I guess that's why I've only posted here a couple times in as many years). I bought my last position when the stock was trading at a buck. At that price it seemed like a cheap/reasonable valuation on the alluvial and gave me the blue sky pipe potential for free. I lightened up abit at 1.65-1.70 which is probably a fair valuation for the alluvial operation.

10,000 shares doesn't justify a "site visit" (and Guinea isn't high on my vacation list), so I just went on what seemed to be a reasonable market cap compared to the potential of the operations and property.

Maybe I was fooled by a bunch of baloney from the company and tipsters, but I've done pretty well with this "dog" so far, so I'm going to leave the rest of my shares on the table... if it drops below .55 I trust that you'll be here to remind me that I'm now in the red.
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