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Gold/Mining/Energy : Cross Lake Minerals CRN

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To: Buckey who wrote (1383)1/28/1998 7:49:00 AM
From: the Chief  Read Replies (3) of 3650
 
I find it interesting that they would start drilling a second anomoly before defining the original one!! Remembering of course that the "original one" was their cash cow from the start. I have had concerns about this stock based on drill results but now it extends into the companies approach.

Couple this with Can-a-craps "Strong retail interest" selldown and I am becoming more and more uncomfortable with this stock.

Add to this the dillution of shares (although small) Raising more money, after already having a large war chest, makes a person wonder if the company is squeezing the last dollar out of the shareholder.

I know this disertation won't impress the other threaders (especially Leo) but the number of suspicions are piling up, as pointed out in the last few posts.

what say ye Ed

the Chief
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