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Gold/Mining/Energy : August thru November 10 baggers

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To: Buckey who wrote (12)8/6/1998 9:41:00 AM
From: keith massey  Read Replies (1) of 28
 
John

Point taken. I thought the numbers I was hearing were B.S to. The chart does look scary but they may have found a bottom yesterday. Time will tell.

Pierre

Black Swan does have $1/share is assets but most of that is their resource property which may be worth nothing. BSW worries me for a couple of reasons.

1. Management does not own any of their own stock. Normally this is not a vote of confidence.
2. Management has a history of rolling back stocks
3. They have been wasting money for the past 9 months and have not drilled a single hole. At this burn rate they could be broke in less than a year.

Best Regards
KEITH
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