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Gold/Mining/Energy : L S Capital / Griffin Gold (OTC:BB CHIP)

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To: Richard Mazzarella who wrote (3247)3/15/1999 11:00:00 AM
From: R F B, Jr.  Read Replies (1) of 3594
 
Richard :

How can this company [and I use that term loosely] not go belly-up? This internet thing is now the 3rd attempt to make money and taking past failures into consideration, they probably will fail here as well.

Where do they get the funding to acquire other companies and knowledge of the internet? Sure they can sell off equipment from their mining days but cash from this sale won't last long. They could also sell off their land rights if they could find any takers [use this term loosely as well].

Took a long time to realize it, but Chip is overvalued at this level and don't see them ever being successful at anything other than swindling investors. This of course is just my opinion.

RFB
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