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Gold/Mining/Energy : El Misti Gold Limited (EMG V)

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To: robert b who wrote (305)9/27/1998 8:05:00 PM
From: charred  Read Replies (1) of 513
 
hello robert a,

From what I know the property is a good one. However, they went too fast. At one time they 6 drill rigs. They should have went slowly and defined the resource by stepping out on previous results. They didn't do that. They are racking up debt again.

What scares me is when everyone (management) is jumping ship. It's a sure sell signal.

They will have to do a JV on the property to further advance it. If not, the company is dead.

I bought a little but sold on a stop loss. Thank god.
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