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Gold/Mining/Energy : Shamrock Resoures Inc. shj.v

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To: bcjt who wrote ()7/18/1998 2:54:00 PM
From: Mr.Manners  Read Replies (1) of 34
 
Be very careful with this one.
This project has been in the works for about 4 years.
Management has diluted their percentage of the deal through those years, and obtained the right to issue 100 million shares.
When the stock briefly ran up over $4.00 the VSE bulletins, available to the public, showed management selling a lot of shares.
Whether through incompetency or hardship, or a combination of both, they have been unable to make the promised headway for that long a period.
The point being, would you want your money invested there if it takes another 4 years or longer, and the deal is further diluted?
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