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Gold/Mining/Energy : KAISER' PICKS AND FAX ALERTS, ***(JOHN KAISER)

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To: Rise who wrote (299)9/22/2001 2:04:41 PM
From: Rise  Read Replies (2) of 311
 
V.EUK - drills set too turn tomorrow. This one is so tightly held that it hurts. If they find something interesting, the stock should take off and where it stops is anybody's guess. Mr.O'neill owns well over 8 million shares in this company. He is funding the drill program with a shareholder loan to Eureka resources. Unheard of. I don't know why he didn't issue more shares to himself. Maybe there's rules about how much one can own in a "publicly traded company". For a publicly traded company, there isn't many shares in the public's hands. The drills will have to deliver some interesting core for this one too move. Jack O'Neill doesn't like promotion. That's the stocks only downfall in my opinion because this one should be trading a lot higher than $0.08. Won't take much to move it though if drills hit some interesting looking core.

Mr.Kaiser. Do you still follow Eureka?

Better yet, oes anybody follow Mr.Kaiser?

rise
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