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Microcap & Penny Stocks : Dollar and Under Sleeper Stocks

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To: Michael Arrigotti who wrote (1899)	11/10/1997 8:59:00 PM
From: Ga Bard	Read Replies (1) of 8835

Mike ... WHO ARE YOU KIDDING!!! NPEC has been a dog and will always be a dog. That stock has 84 MILLION shares out. Read Alan MArkoffs posts on that Stock before you buy. SHORTED!!! ... LOL of course it is shorted the company is issuing and selling shares. Those shares can be shorted against. I bet a reverse will be coming LONG before revenues ever start to flow. 1.85 M / 84 M = .02 per share ... NOW that is on the GROSS not the NET. The net if they have a 20% profit is only $370000 / 84 M = .004 ... Now .004 x 10 = $.04 cents and it is trading at .059 so if anything it is overvalued. Drilling reports are ridiculous. How many people have got BURNED on DRILLING reports. You have to remember DRILLING is nothing now ACTUAL MINING is the value of the company. UNLESS they have the money to mine what you got is reserves that cnanot be capitalized on. No Matter HOW ,ucj you buy this one falls. If you want a SOLID investment in mining look at IKAR and do a little DD. just my OPINION. GB

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