Some Updates: New one WRM looks very promising. $10M in the bank, $4M debt, some 500k oz of Au.in which is half of reserves in Golden Bear Mine, B.C.(seasonal operation May-October) Bellavista project in Costa Rica, just today released results of prefeasibility study 779,700 oz of Au. 40M shares and a price....0.48 ask. 23,000 oz. of future prod. sold at 333.00. When Gold gets higher than 325 look for meeting the target for 1998 which is 43,000 oz. Profit on the horizon. Who is sleeping on this one? This reminds me of ARZ. Aurizon, Still very optimistic.
Well some other updates which were making the cut(sometime ago): GSL - 1.49,Jan11/98, 0.67 120% return. PGI - 1.49,Jan-28/98, 1.00 OROP- 0.75,Jan-13/98, 0.57
Others not making the cut but making the Money: HRG -1.49,Jan-8/98, 0.80-0.90 ELD -1.35,Jan-10,0.64 another 110% MSR -1.22,Jan-7, 1.15 NPF -4.25,Jan-17, 3.20 CBI -1.37,Jan-20, 0.90 CKS -0.89,Jan-30, 0.65
Another sleeper? ARP is in hold and see period. Ten additional holes drilled(estimated 3,000 to 3,500m)probably another ten will be drilled yet. Results maybe next week.
Everybody If you have a company meeting the criteria, make the case from it. So far about 90% proposed and accepted stocks are making money. Thanks for helping others understand why? Whatever. Robert |