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Gold/Mining/Energy : Prospex Mining Inc. PRM.VSE (formerly Akiko Gold Corp)
PRM 29.34+3.4%3:59 PM EST

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To: Harold Lehman who wrote (6)11/7/1997 12:23:00 AM
From: Bear  Read Replies (2) of 30
 
When I bought this stock, they had Springpole, which they were forced
out of, and Burgin, which they decided to get out of. That left them
with no proven deposits. I've never bought a company without a proven
deposit. Now they only have some gold exploration property in Africa, which so far has not yielded any encouraging results, and little money, during the worst bear market in the history of gold mining. It looks like this company has been completely mismanaged and will probably never amount to anything. At least we can try to learn something from our mistakes. What are the lessons here that we can
apply to our investing in the future?

Bear
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