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Gold/Mining/Energy : Trillion ResourcesTLQ

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To: ForYourEyesOnly who wrote (44)	10/6/1998 6:02:00 PM
From: EZbeliever	Read Replies (1) of 67

THC .... Been too busy for my own good. Running a couple companies can be a bit of a headache. I see things were a little rough yesterday.More minuses on my screen than a page of first grade subtraction homework! Perhaps some of your way out of the money limit orders kicked in? Anyway, no I don't believe trillion is in severe trouble but it's stock price tells a lot. If I didn't feel it offered promise for a 5 to 1 run or better I would sell right now at a small profit. However, it does show how finacially weak they have become if they will merge just to pick up a half million dollars. No doubt about it, I would rather have Trillion stand alone than merge with another loser. Look at the charts on Oliver. Seems PM investors don't think too much of them. I looked at the company several years ago and wasn't impressed. Don't know enough now to talk about them. I'm just holding and hoping the current production and potential lottery concessions drive the price up. Furthermore, Tech has their hands full right now. If they were interested now they would have put up a little sum like Oliver is bringing to the table. I'm not down on Trillion, just realistic. But at $.25 or less it's hard to go wrong. When the PM market turns for real a $1 per share price should be a piece of cake! As for Golden Knight: Bob Quartermain? I would hope you have a little confidence in the name.....he runs SSRIF too! He is very respected throughout the mining industry as an executive interested in mining PM's and not just "pumping and dumping" stock. True, the Rothchilds don't put money in many things that have poor potential, but the name carries some negatives too. I doubt they would mind owning the company outright for less than 50 million. In the event of a default, that is what would happen. You could never buy the company through stock purchases for a fraction of that cost (the buying would drive the price up as one accumulated shares). Bet very few people have thought of that... Yet, I believe the POG will make a major run way before 2001 so we don't really have to worry about a default. The trading is still very weak so the chance of picking some up cheap seems good. Under $.50 seems like a no-brainer. I might buy more if it drops below the current 7/16. As for other companies, I'm still sorting that out. My main focus right now is a few business deals that would allow me to increase PM holdings substantially. First things first. Looking around the threads I see you have been active. Good luck! EZ

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