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Gold/Mining/Energy : Micro-Fine Gold Plays - Franklin Lake, etc.
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To: Neal davidson who wrote (38)11/22/1996 1:04:00 AM
From: Victorio   of 615
 
Neal
Several points on Chip's volatility: 1) Very few people
know the story concerning it's gold venture--early days
2) Very few people understand it 3) Market markers had
shorted the stock and the run up was one of them covering
3) The market cap is $ 8 mil--very low if (IF) they are
successful 4) 11,000 shareholders own the 2 million
share market float

If Naxos has (it's not trading of course) a market cap
of $ 180 mil (before halt) should Chip be any different?

I think it was George who pointed out the fact that
Chip actually has more going for it than Naxos in terms
of technology and property prospects.

You should call Paul Montle at Chip to get a
better perspective of its goals: production ASAP!!
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