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Gold/Mining/Energy : Cross Lake Minerals CRN

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To: Leo Raftis who wrote (3122)9/25/1998 10:56:00 PM
From: dean poets  Read Replies (1) of 3650
 
Hey Leo I hope you were just trying to rattle my chain, as I wouldn't touch a Bank stock with a ten foot pole. They are almost like some of those leverage funds which are now finding themselves on the brink of collapsing! If you look at the largest shareholders of each Bank, it is the other banks. Each bank owns about 10% of each others shares. This is gonna turn out to be the biggest problem at all. Of course that is only my opinion.

My previous post is only my theory of CRN's management, as I could easily be proved wrong. It just really bothers me when a companies management tries pulling the wool over peoples eyes, instead of just stating "we didn't find anything economic, but we are still searching".

Dean
PS good luck guys!
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