SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : 1 Million oz. and up.
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: GM who wrote (95)4/23/1998 3:18:00 PM
From: Robert Dydo   of 144
 
I have checked the financial situation available on the web site.
Company says that operates the silver mine, but there is no revenue.
There is $30,000 in cash and liability on one item (probably debt) of $666,000. Financially this is very weak. I can't advice you where this stock is going but what is happening on the market is impressive.
Geological results are limited to cross cut sections and channel sampling. The results are again impressive which explains a lot what happens on the market. Geological calculations especially on channel sampling are not conclusive in my experience, they are not necessarily overestimating actual deposit potential, but they are simply not enough alone to build a realistic picture of the resource formation. I have seen many upset drilling results where previously channeling was in astronomic grades.
I am not familiar with Nasdaq BB, although my believe is this is a Dealing network the same way as Nasdaq itself. There is plenty of promotion in such environment which has to be adjusted with some reality.
Ultimatetly you must be the one who should decide how to deal the cards. I feel personally that still we are in short term gain market so if I like my profit I would take it as soon as possible on whole thing. This is my way. It is better make some money than hope for the next round.
Good luck
Robert
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News