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Gold/Mining/Energy : ETC Industries - Gold - Peru

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To: pete meyer who wrote (207)4/24/1998 8:07:00 PM
From: Michael M. Cubrilo  Read Replies (1) of 244
 
Pete, I have not called the company. I don't trust what many companies have to say, especially any company with no earnings and into pure speculation. When was the last time ANYONE called a company and they said: "Well, to tell you the truth, 3 of our holes came up empty. 2 others were uneconomic. We are almost out of money. Frankly, I would not recommend that you invest in our company." Yah, right. The IR person would be fired. Believe half of what you see, and none of what you hear. Rather, I prefer to play the "cycle" which is a ramp up before drilling and assays, and taking profits before the news is out.

Buy low, sell higher.... only way to make money. ETC and QTR seem low now and should have a run. Check out the fundamentals of a solid company... PGI The chart is turning.

mc
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