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Gold/Mining/Energy : ACMG - The Alcard Chemicals Group, Inc.

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To: Richard Mazzarella who wrote (17)2/17/1998 8:49:00 AM
From: David Luton   of 52
 
Richard:

Agree and understand your perspective at this point in
time. You got to be patient on this one. My main
reason for mentioning it was the Clifton tiein which
will provide the income necessary to further explore
the property and/or increase reserves (see my
last post on this thread.) Not a lot of Juniors
have income.

Thanks for the tip on desert dirts but I had previously
made the decision to stay clear. It appears to me
that there are some very bad apples mixed in with the
(potentially ??) good ones. More experienced players
like you or Ron Struthers have better capability to
determine which is which.

Your also appear to be in a better position to hedge
yourself by using an appropriate shorterm
trading strategy.

One of my personal weaknesses is the nature of my regular
work which requires frequent travel. Thus I will tend to be
more of a buy and hold player rather then a trading person
unless of course Mr. Buffet is more successful in his
squeeze play then I currently believe.

Clifton's value is in the apparent longterm fundamental
increase in its reserves and likely low cost to
extract and smelt the ore. I am trying to determine
how much if any ACMG represents a companion play.

My general focus in this silver upswing is to focus on
companies that are close enough in the 'Promise
Production - Profit' timeline as I call it to directly
benefit. The exception is for a degree of 'mad money'
to try an exploration play thus my questons/interest
on companies like PHO/ACMG.

I am happy to discuss individual strategies but would
like to go offline via direct email as I regard personal
issues as not fair to other readers on a thread like
this.

Regards

Dave
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