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Strategies & Market Trends : Three Amigos Stock Thread

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To: freelyhovering who wrote (729)2/16/1998 10:08:00 PM
From: Ken W  Read Replies (1) of 29382
 
Myron,

MPML:

I just pulled this one off of your list. While the chart (as you know) looks promising, the FA IMO is shaky at best. The core of the co. is gold and silver. They have launched into the enviromental clean up fray, developing what they call SkyGas tech. While the co. has made some progress from startup to reporting some rev's, I would be a bit leary of this one. The businesses are to diverse from one another. gold and silver to clean air and producing "other valuable chemicals" from the waste sounds a bit too much like GRNO to me.

The did not re lease 13 of their mines in Montana this year and have not mined others in the past year.

I reading their statements in 10Q, things are a little too general and way too much dealing with co.s outside of the US. IMO this makes it very difficult to confirm contracts etc.

Finally. The stock is heavily hyped by some outfit called emerging stock newsletter as the next US Filter. It may work out. but.....to many red flags.

Regards

Ken W
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