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 : Desert Dirts, Gold & Platinum, the emperors new clothes
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Richard Mazzarella who wrote (1651)1/30/1999 11:15:00 PM
From: Bill Jackson  Read Replies (1) of 1913
 
Richard, sad but true, few survive for long and away go all the hopes and dreams of the investors. The usual properly run one, like the Charles Banks group, tries to find a property, tells the truth, keeps people informed and makes the speculative nature clear at all times. About 1 in a 100 become a producer, most fail and many are bought by majors. A few are totally crooked and fraudulent. Another group are run as bread and butter exploration schemes whose main thrust is for the major stockholder to feed and eat along with his friends and at the same time do some exploration and try to find something. They will go from 10 cents to $2 more or less and as long as you know what they are you can profit from them.
Many pros go out of their way to find the frauds as they make it hard for genuine exploration companies to succeed. How many people have been so burned by IPM and BRE-X that they leave the exploration field totally?
So you cannot let the crooks have a moments respite when and if they seem to be gathering again. It is better to react strongly that not at all. I feel only sorrow for those who were cheated by IPM, and I vow to try to stop any other like it from happening again. The lettwr writers like Charters all see it this way too. When they see a scam potential they try to expose it.
To stand and say not my business is like ignoring a rape/murder that happens outside your window.
Those who want you to go away really want to have a clear thread to run the scam.

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

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News