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Microcap & Penny Stocks : NAUGHTY NOTES- a look into the bowels of the cdn. juniors

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To: Mephistopheles who wrote (3)4/3/1998 11:02:00 AM
From: NAUGHTY NOTES   of 19
 
chesbar is a great mining story. there is a truck load of stock out there, but it is held in good hands. there is a large institutional following. they just drilled over 30 holes in venezuala kilometre 88 region where they pulled out some huge results 3 years ago. now that they have all their permits in order (it helps that the roman catholic church owns a large percentage of chesbar and educates the locals on mining), and some favourable results are anticipated. judging by the action of the stock the results should be fairly decent (let's face it, the secret of drilling results is rarely kept secret no matter how hard you try). the downside is 50 cents short term, and the upside 3 dollars or so if they achieve similiar results as their drilling 3 years ago. anybody else know anything about cbi? heard any rumours?
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