A Penny Gold software program.Pls Help Me! Message Board

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Gold/Mining/Energy : A Penny Gold software program.Pls Help Me!

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To: Walt who wrote (9)	12/20/1997 8:44:00 PM
From: Bill Jackson	of 83

Walt, I suspect they look for what we call "bread and butter" juniors. They run them every year or two and they go through the low accumulation phase, then get some funds, buy/stake some claims and hire a geologist/consultant and plan some work based on the nature of the claims and the targets therein. They work with the market makers who place the stock into a number of accounts by simply describinh them as junior exploration that might hit. A few people buy and they plan a drill program, announce it, do the program, announce it, and get the assay data coming in 2-3 weeks, announce it, and this cycle repeats. It can be honest, look at Moneta(ME TSE). They cycle between 15-25 and 50-$1 every year, and they are an honest company. There are also crooks. Find then and you can really make a bundel. They have more frequent and deeper cycles, with abrupt falls. Either one can find a real mine and then the stock goes to $20++. PFG is one like that, so is MEm and PNB. I suspect they have plotted the highs and lows af all the stocks and used it to look at a particluar stock and find the cycle length. This is what we all do now. Bill

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