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Pastimes : Georgia Bard's Corner

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To: CIMA who wrote (2672)5/26/1998 12:03:00 AM
From: Alan Markoff  Read Replies (1) of 9440
 
CIMA;

The news on MINE came out before open on Friday and it traded a measly 8 Million shares ran up to .44 and slid back down to .33. MINE has no MONEY even if the report was accurate which I seriously doubt they HAVE NO MONEY to effectively mine the property. They announced promising reports before and all they have done was lost money. Tell me were are they going to get the funds to properly mine there property. I also seriously doubt the float is 28 Million many 144's were filed that are not on Edgar. Guy even stated they lack funds. To put out a News release like they did without immediate back up material is TOTALLY irresponsible on the Companies part. I am sure the SEC is going to become involved but again thats my opinion.
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