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Gold/Mining/Energy : PAVLOV SHORT-TERM TRADING

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To: kingfisher who wrote (58)12/16/1997 5:40:00 PM
From: pavlov 1   of 137
 
It's an exploration stock and therefore has no definite value until they do find something that is economically viable. They also just finished getting $7,500,000.00 in financing on October 21,1997. and
they are already trying to get more money. On December 15,1997 they announced that talks with ABN AMRO broke down on a financing of a Chilean property.
Stick to going long financially sound companies with an actual product, such as Star Data, and you won't be somebody's sucker, R.Barbe. This Atacama sounds like a promo to me (otherwise why would they issue a press release indicating that BBV Latinvest issues a research report. Who the hell are they?!?) and I'd rather be short this stock than be long.
More risk = More volatility.
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