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Gold/Mining/Energy : MINK MINERAL RESOURCES
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To: Jim Andrews who wrote (516)7/1/1998 10:58:00 AM
From: Bylo Selhi  Read Replies (1) of 637
 
There must be a reason why the Mink stock is trading around 25 cents. The market yawned at the latest news release the other day. There is no volume to speak of, and there is no price increase (thanks Joe for posting the news). "Mink will do fine if they find diamonds", says gekko, but the same thing can be said about every exploration company whose stock trades on the VSE. There are many hundreds of them out there, but 90% will fail... that's a pretty sobering statistics and it's real... That's why I keep saying that Mink is still a Vegas play, full of "kimberlite" pipe dreams. But one of these companies will be a winner one of these days. It could be Mink... but money, management, and metals (or minerals) are the three required prerequisites. They seem to have some minerals in those pipes that indicate the possibility of finding the "real thing"... but do they have the other two prerequisites in order to find and get those diamonds (or gold) out of the ground? That is a question!
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