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Gold/Mining/Energy : Pure Gold Minerals (PUG)-TSE
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To: JKNF who wrote (747)9/6/1998 11:22:00 AM
From: teevee  Read Replies (1) of 1030
 
Hi,
I agree that PUG won't stay this low for long. It will go lower. For those who have followed DS for years know that he has an amazing ability to make a stock with as many as 40 million shares outstanding trade large volumes between 12 and 28 cents. Liquidity is the key when raising exploration risk capital and not share price. Consequently, many relatively new penny stock buyers find out the hard way that averaging down with 'juniors' is usually a losing strategy. DS only rolls his shares back when liquidity at the 12 to 28 cent level evaporates. Good luck to you all.
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