George Resources V.GGP 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 : George Resources V.GGP

GGP 22.06

0.0%

Aug 28 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: gemini who wrote (29)	6/25/1997 10:41:00 AM
From: Stan Treacher	of 33

I have been in this play since Feb. and have several friends and family members who also bought in partly because of my say so. I have changed my opinion on the Reward George people several times over the last several months. I have at times felt that they were not playing with the best interests of the investers. I have spoken on many occasions to most of those in the office and I would like to think they are on the level,but I may be just to gullable because of my investment. I had a conversation with a spoksman for a group of chinese investers yesterday (Reward,not Richard NG) he is awaiting the news first hand in their office. We had a long conversation and he stated his group will not sell out at this time, that they are not intereseted in a .10 gain in the stock. He says if you look closely you will find that they already have proven resereves worth millions and that the play is to prove many times that figure then sell to a major. This to him is a long term play and that it will reach as high as $5.00 US a share late this year .He also stated that the company positon is to keep the day traders to a minimum. I was also told that the up and coming PPs for both companys have already been exercised. The companys are selling the tailings at this time and do not need to dillute the stock further as both companies have enough cash to continue drilling phase two and three. I know a little more and it all sounds very positive but in this market only drill results and time will tell the tale!! Good Luck to All Dan

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next