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Gold/Mining/Energy : SVG:VSE Spire Ventures Ltd.
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To: Elizabeth Andrews who wrote (19)9/22/1998 11:09:00 AM
From: pal  Read Replies (1) of 44
 
Liz

The visible gold issue is not confirmed by any means. I brought it up more to get your' response as to how significant this might be or what it means , particularly in this market.Many of us are wondering the same as you are with reguards to news and the delays. I'm hoping it's due diligence thats necessitating the double checks on samples but this excuse is wearing thin with many investors.So far, due to technical difficulties, the drill hole has taken almost 1 month and it's still not complete but i understand that their geologist has been on site for 2 weeks and thing are moving faster. But this delay in addition to the channeling samples overdue by over 1 month and the lack 0f any news, official or not is really hurting the stock.I wonder how serious the Co. is about share price given the strategy, or lack of they are using.The general market has not come to the table yet and much of the buying is from insiders or friends of the Co. i speculate.How do you read this? What do you know and how tight lipped does a Co. have to be about it's activities?Is this Co., in following this direction hurting itself and investors in attempting to be seen as ligitimate and above board.Are they indirectly killing any speculation or speculative interest that might develop and move the stock up? I guess the most imp. news is that this is one of the few juniors who are actually doing work on their property and are not at risk of loosing it due to cash flow problems. RIGHT?
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