CVR: V Consolidated Viscount Resources - Ringer??? Message Board

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Gold/Mining/Energy : CVR: V Consolidated Viscount Resources - Ringer???

CVR 9.130

+0.7%

Nov 11 3:59 PM EST

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To: Bobby Yellin who wrote (102)	12/25/1996 3:30:00 PM
From: Ken Benes	of 409

I would be very careful with this company. I have owned CVR in the past and I can tell you that the people behind this company have not delivered on any of there past promises. The have had multiple properties in an around Voisey Bay that were definitely going to produce a mine. The promises include, the stock would rise in price and then split. We started drilling on the least promising of the zones to establish the geology and work toward the higher grade material. On and on with the promises, with the only opportunity to make money is selling on the rising volumn of a promotion. The same guys have had diamonds in Wyoming, bonanza oil wells in Newfoundland, again with the only opportunity to make money was on the promotions. If you stuck around for the goods, the stock price would falter and you would have to wait for the next promotion to get out. Just a word of caution, there are too many good deals out there to get involved with guys who do not have the ability to deliver. Ken

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