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Gold/Mining/Energy : Northern Crown Mines (NCW-V)
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To: Earl Pyatt who wrote (200)8/28/1997 12:20:00 PM
From: Michael MacF   of 349
 
I think it was back in June when I last talked with a rep from the company. I was told at the time that nothing was going to happen after the results coming out in early July (my timing may be off) because of the rainy season. Operations were to get back in gear in the fall.

Of course I thought I should sell of any strength coming from the anticipated results as the price was likely to drift for two or three months. Then CC jumped onto the thread for a few days telling us all what a great opportunity we had here. I decided to hold my position based on his enthusiasm and supposed expertise. I now wonder about his motivation. If I knew nothing was going to happen over the summer, by making a simple call to the company, wouldn't a professional newsletter writer also know this? Also, the fact that he has never come back to the thread to give his opinion suggests his original arrival on the thread had nothing to do with helping us but rather was an attempt to help himself. Pro's should stay off a thread unless they plan to contribute on a long term basis. Otherwise their motivation will always be suspect.

The moral of this story is, of course, trust your own intuition and D.D.. The positive aspect is that the fall is upon us and if what I was told months ago is correct then the company should be getting back to work.

To happier times
Michael
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