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Non-Tech : RJM

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To: Condor who started this subject12/29/2000 7:55:43 AM
From: Condor   of 38
 
ymupfncpt
You might want to take a flyer at a couple of penny mining stockson the CDNX exchange
V.PFN and V.YMU
They are Platinum and Palladium plays. I follow them quite closely and they are near to where I live and are highly promoted and generating lots of interest here.
These two companies have been funded by majors and will start drilling in January sometime. They are drilling on previously delineated finds from this summer. Both properties adjoin each other and will probably move together. It is to be expected that they will run up by April ( on anticipation) and should they find something mineable then it's the brass ring. We'll assume they don't. The logic is buy well funded jr. mining plays and buy in Dec. and sell in April. We should probably see a double here. You should be able to buy PFN now for about .63 to .65 CDN and YMU for about .60 to .65 CDN
If you do it, don't chase the buy but decide now. They could start to move early. Let me know if you do them and I will then babysit them for you and also let you know when I'm coming out.
also
Remember V. CPT....nice story but slow to execute..... (global trading site).... price faded.
They are supposed to be firing up in the next two months. They have done some good work and I'm thinking they may pull it off or be bought out. If nothing happens as expected within 2 months then I'm back out. Then are buying out a jr. shell on the OTCBB. I think this may be an exciting play shortly. I've followed it in detail. It is anything but guaranteed though. Here is the latest as they are building up.
cag-global.com
seglobal.com
I have managed (on the QT) to get a look see at their trading site that is being beta tested (not proprietary) and believe me it is a world class platform. It would suit institutional traders easily. ( hedge funds, mutual funds, professional individual traders etc.) It was nothing less than spectacular. The company continues to broaden its world wide trading affiliates and when it launches it should be some impressive. I believe with its platform and network that this thing will either be a HUGE success or crash and burn for some unknown reason. The CEO has 3/4 mm shares and has held them through a runup to $4 and back down to the present 0.80 area.
Two months should tell the tale here.
Concerning the mining play vs. this trading company: I believe the mining play is almost a given and I feel the CPT play is more speculative than the mining play but if they pull it off ( I'm betting they will) it could be a huge winner.
Make what you will of the preceeding and good luck to yah.
Have a great New Years weekend. By the way, where are you going to hang your hat this next year?? Europe or US??
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