The Great Canadian Stock Contest (Q3) Message Board

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Gold/Mining/Energy : The Great Canadian Stock Contest (Q3)

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To: B. Thomson who wrote (397)	9/21/1997 10:09:00 AM
From: Stox	of 496

Investment Conference Questions ... "Thanks Eric. Will you be coming to the resource conference here in Calgary?Bob" Sorry Bob. I will not be attending the conference in Calgary after all. I've got some Sept 30 deadlines for clients that will be owing bigtime corp income tax and I'll need next weekend to work on them. I would appreciate a report here on this thread from you or anyone that attends. What stocks had the most attention, what picks the newsletter writers were "pushing" this month, etc. Just remember that an investment conference is exactly the same as a car salesman at an auto show, except that most of the cars they're "pushing" are used. Don't forget to kick a few tires and ask the tough guestions. Like: (1) How much money and/or working capital do you have TODAY, how much of that is earmarked for drilling/exploration over the next 12 mos and how many months will the residual cash last at your "burn" rate? (2) For the companies that aren't sitting on a pile of cash ask exactly how they plan to raise the financing needed to complete their exploration goals. Remember the company's assets and structure that you see today will be quite different (for the negative) in 12 mos from now if they are financed already. i.e. further dilution, give up ownership of properties via jv.... (3) I love to ask the PR or other guys at these conferences exactly how do you plan to make me money with this stock over the next 3-6 months? i.e. outline the promotional plan, who will be supporting the stock... If the stock has already climbed over 50% in recent week(s) prior to the show then that brings up other good questions. i.e. how can you justify your current market cap of over 100 MIL when less than a month ago the market thought you were worth less than 40MIL?

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