Epic EAS.v (formerly Epic ERB.v and Safari SIR.v) Message Board

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Gold/Mining/Energy : Epic EAS.v (formerly Epic ERB.v and Safari SIR.v)

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To: CLK who wrote (1245)	11/29/1997 6:57:00 PM
From: andrew r harwood	Read Replies (1) of 3335

forgive my scepticism but safari basically has nothing right now,it is apparent that the first well drilled was a bust though the company never released the results ,so the "story" is broken right now .the stock basically went up primarily i suspect on people buying as a result of what was speculated on this bb ,some insiders no doubt sold into this strength and made a tidy profit and now its back to where it was and personally i think its going lower. as with all these companies and there are so many on the vse they are primarily there to enrich the insiders. i dont believe that the timetable laid out for the next well will happen ,none of these small companies stick to their wildly optimistic timetablkes.generally they are at least 6 months behind what they promise and many times they dont even complete what they say .the chances that in fact they will complete their holes on time make a significant find and fly to the moon is very small indeed but the insiders always seem to profit.remember that while a directors was selling on the way up the excuse was that they were trying to make the stock go up in a consistent way and prevent it go up to far to fast i find it hard to believe that there is significant interest by a major ,if it was such a sure thing they would take it over now for peanuts and develope it themselves. the insiders are just going to try and hype it up again on the promise of great drilling results which they will know before anyone else and try and make more money on another duster.as i understand it the first hole was much more difficult and expensive to drill than expected and didnt find anything significant or you can be sure the results would have been widely circulated by clk who is basically an insider who was allowed to participate in a pp at a low price. the reason why most vancouver stocks are dead is that the public have all been burnt so many times by this behavior and have largely given up on them all after being sucked in by promises resulting from the new medium of the internet and forums like si very very few people have made money other than a few insiders and many many people have been burnt.as i said before i wouldnt be surprised if both erb which is now below a dollar again and headed down to 60 cents its low for the year and safari will be lower before the end of december and im not sure there are enough people gullible enough to believe the hype sufficient to push it over a dollar again.just my opinion of course based on bitter experience,thank goodness i got out of safari at over a dollar since i thought it was all hot air and continue to believe it to be so arh

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