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 : JAB International (JABI)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: J.L. who wrote (3627)5/7/1998 12:49:00 PM
From: Jane Hafker  Read Replies (1) of 4571
 
The reverse split didn't bother my friend at all. He saw that as positive, what he kept harping on was Sterling Mining Ltd dropping I believe the sum of $20,000,000 to kick off what's happening.

I get very rushed on the phone. Here is a note--reviving the 1940 gold mine 75,000,000 thing. Have no idea what in the world that means now.

I do know that all electric cars must have silver. Not a chemical look-alike, but silver. Who knows, gold might work better.

If you study ancient history, the abundance of gold was so enormous I'm not sure it had that much value. They literally walked on it and totally covered huge palaces. Many ancient kings molded it into plates, etc., and there was just so much of it it seemed rather like granite originally. Obviously you could find huge chunks of it everywhere.

For some reason I see some bizarre cloudy clues in the above, and am looking for crazy reasons gold could suddenly skyrocket. Perhaps not. Perhaps there is no reason at all, but my friend STILL has money in the company, has lost a lot, and still has faith that it has to go.

What about Sterling Mining Ltd? Why did they invest 20 mil in a scam dead company otherwise? Like he says, sure not for a tax write off, nor have they suddenly gone insane, I assume. 20 mil is a chunk of change even for the rich.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext