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Gold/Mining/Energy : Golden Raven Resources Ltd (GVN)

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To: Ronald P. Margraf Sr. who wrote (190)10/6/1996 12:18:00 AM
From: Gulo   of 3155
 
Ron,
Why does everything have to be so black or white to you? If Adrian describes the history of the current players, and that history includes participating in the typical VSE stock promotion cycle, it doesn't mean you should sell the stock now! It simply reminds you to examine the stock to try to understand what phase of the cycle it is now in.

Adrian's comments are not as harmful as you might think. First of all, people who are familiar with the stock promotion cycle have a better chance of benefiting from it. More importantly, if enough people are aware of the way these stocks are promoted, it becomes more difficult for any company to steal money from its stockholders.

As for the currency of the information - it is not hard to find out who the current directors are for any VSE company. Simply add Adrian's info to your understanding of the background of these individuals. Adrian gives sources for much of what he tells you. It is only proper due diligence to verify it yourself.

Exploring the backgrounds of management personnel should be a part of your due diligence anyways.
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