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Gold/Mining/Energy : MINK MINERAL RESOURCES

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To: Davey Stuart who wrote (438)5/27/1998 2:02:00 PM
From: andrew r harwood  Read Replies (1) of 637
 
irrespective of the merits or not of the various arguements about how well or not mink has kept its shareholders informed it really is a steal right here . all you have to do is compare it to other diamond stocks in the alberta play many of them are trading for market values way more than mink despite the vse bear market and yet mik has a huge diamond concession albeit in a distant land , with multiple proven kimberlite pipes some of which are clearly diamondiferoius ,has found further large pipes , has taken samples for processing at a recognised lab in australia,there have been some delays in analysing the samples but deadlines are never met in these juniors .as for the gold exploration im sure its been shut down like many others due to the poor price of gold and the fact that mali is a distant and inaccessible place and mink presumably is having difficulty raisng money so descided to concentrate its resources where the biggest potential is namely diamond exploration.clearly results will be out soon from the first samples.if they are positive the stock will probably leap up.pessimism now is extreme would seem like an excellent time to buy .whether they have 20 or 30 or40% percent of this concession is really irrelevant if they have a big diamond pipe which would appear to be a strong likelyhood in view of all the big diamonds they have found lying around on the ground near these kimberlites.in my opinion mink is probably one of the best buys on the vse right now .good potential to double or quadruple your money in a couple of months.just my opinion of course.but clearly the best time to buy is at the point of maximum pessimism than the reverse .arh
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