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.
Microcap & Penny Stocks : CDCH Cerro Dorado Inc.

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Cytotekk who wrote (330)2/15/1999 12:25:00 AM
From: CIMARead Replies (3) of 958
 
I don't understand the tendency to be blaming Metals for WAMC's share price decline. Mitch hired him and Bunka to do some promo work. Metals work got the price up to .60 three times and a financing at higher prices was a possibility. Then Glen Collick, the ex-prez turned on his partners and started blowing out his shares, driving the price south. How does Metals end up taking the rap?

Almost every stock on SI has a promoter (or several) behind it as part of PR. We don't know who many of them are. WAMC is a much more clearcut play than MINE IMO. At least John and Jim can meet the principles, check out the product and business plan and arrive to conclusions as to whether there's a legitimate story. Sounds like there is potential here.

At five cents I figured it was undervalued. The company is worth around $150,000 at that price. The shell is worth more than that! Throw in the plant equipment and the product/market potential and I think it's worth more.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext