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Gold/Mining/Energy : Cross Lake Minerals CRN

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To: dave brown who wrote (971)12/23/1997 8:28:00 AM
From: the Chief  Read Replies (2) of 3650
 
Taco, read my previous message to Dave, I am a believer. The market right now doesn't know what to do with metal plays. Donner/CRN/Ashton are the only plays going anywhere. Donner, is being punished right now for inconsistent drill results and 6 page synopsis of nothing. Ashton is stable with little pop ups for anything shiny that comes out of the ground. Copper content is just not shiny. Daves analysis is very good, but this type of knowledge and information is not spread throughout the market. Dave and Feline and others are exceptions to the rule. They play a stock based on sound geological analysis. I play on "basic" market emotions.

I admit Taco that I understand little to nothing about geology, so rely heavily on people like Dave and Feline. That said, I then look at how the general public (market) would respond to the news.

My "guess" was that it would pop-up and fall back down. It has, my guess for today is that it will trade up, but not to the $2.40 level and will close even on the day.

By the way, most of my comments of "in/out" are directed to Ed, who "plays a stock" with the same objectives, I think ? Correct me if I am wrong Ed.

I want to be in a stock like CRN with a ton of shares that cost me nothing, can't hate me for that !!!

So the short nswer to your question is :

I am a believer
The market needs alot more drill holes of copper , or
Hole/holes with more shiny stuff!!

Merry Xmas, Taco

the Chief
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