SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : AFRI "African Resources, Inc"
AFRI 11.03+1.7%3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: michael john stout who wrote (547)12/9/1998 3:13:00 PM
From: JOEY  Read Replies (1) of 1151
 
Talked to Rick, Please call him and/or do your own DD:

1. I asked why the increase in share price (up over 170%). He signed on a new PR firm. CashCow is the name. Web site is www.cashcowmag.com. I have not had the chance to pull it up yet. The target market to over 7000 E Mail investors. Signed with them yesterday and he said the volume is a direct result of them. They have a magazine also and advertise on 30 radio stations a day.
They projected (because of small float) $1 to $2 within 2 weeks. remember I did not say this, they did! Their web site has AFRI in it.

2. Arizona project acquisition is on target to complete. Will be done "anyday now". 100 % buyout. He said 1 billion in CONFIRMED reserves by US geologicals. I said he should post the report on the web site to show investors the official seals. If this is true, it means lots of revenue (my thoughts).

3 Letter of demand will be out within seven days ( he said that is the latest, he expects it to be earlier.) I hope the bad guys are looking at the stock price rising.

4. Guinne: They can start in January with the smaller equipment but he really wants to finish the financing to buy the bigger toys. Bigger toys equal bigger revenue. He has a company that is actually preselling the gold reserves for this.

Thats about all I can remember.

I think we are seeing the light !!!

Joey (Please check this out for yourself)

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext