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Gold/Mining/Energy : Gammon Lake Resources GAM-TSE
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To: bigbuk who wrote (103)11/26/2001 4:25:17 PM
From: Elizabeth Andrews  Read Replies (2) of 116
 
I think that continued selling of GAM is the way to go. I believe it will find its way to zero a some point. With respect to LMN, the results, which are overdue, may be fact but the promise may be fiction. I learned a bit from the Avalon experience in that there's no real new markets for these products, such as Ta or lithium. They are highly controlled industrial minerals and are very difficult minerals to get contracts to sell. Here's the formula: No concentrate contract=no financing=no mine=no revenue=market cap way too high. Best short I've seen in a long while.
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