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Gold/Mining/Energy : Lava Systems (LVA:TSE)

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To: Biff who wrote (96)	12/27/1998 8:29:00 AM
From: Winzer	Read Replies (1) of 102

Biff, Could be a while. I'll gladly settle for 45c or even 20c. I would guess they have to do some asset/goodwill number crunching to see what is left for the common stock holders, after paying primary debt holders. Don't fee bad, pity the poor Aussie company that is (?was) holding 1,400,000 LVA shares! I guess the caveat "don't play with money that you can't afford to lose" applies here too. Oh well it is a good wake up call (reminder) for some of us. Thank God for diversification. Now if only my resource stocks would make a move; I could "write off" this foray into the "technology" sector. I think I'll "stick with my knitting" unless I can get 45c for my attempts at bottom fishing. I wonder how many defections/suits are coming for SML? I hope they got their clients out in time. Anyone ever hear of Bre-X? Cheers Winzer

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