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Microcap & Penny Stocks : PWSP-GOLD/SILVER/OIL-FINDER
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To: Don Wellington Jr. who wrote (22)8/8/1998 5:37:00 PM
From: Don Wellington Jr.   of 47
 
Just learned last night of another new development at Power Spectra, or at least an encouraging long-term sign. Apparently, Power Spectra is entering agreements with Gold Prospecting entities which include large percentage shares of the gold found and/or mines developed.
While this may be somewhat speculative in the short-term, it has definite longterm positivism.
This tactic combined with outright sales could result in very large returns.
I have several questions which I need to put directly to Power Spectra management, or have answered here or through other sources.
1)There are potentially large quantities of gold deposits remaining in old and closed mines.
The previous methods needed to determine if there was gold, were too costly a risk when the result was unknown. Is Power Spectra actively marketing to all those known "played out" mine owners? These companies or people may not be paying any attention to the technology developments, and have "written off" the mining potential of these closed mines.
2) Is the seeker able to work underwater, or should a future product be developed that does, particularly if it can be operated remotely.
Once again the market for exploration of sunken treasure is always burdened by that expense/risk when the result is unknown. If that risk could be minimized with the Power Spectra product it would be a great advantage.
Will keep the forum posted when I receive the answers.
It was great to see the increased buying activity yesterday.
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