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Gold/Mining/Energy : Patrician Goldmines (PXX, A)

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To: John Trudeau who wrote (135)3/31/1999 11:49:00 AM
From: m.philli  Read Replies (1) of 192
 
Morning John, I decided to give my head a shake and spend a few days trying to look at this thing from a positive viewpoint. (if possible)
Wanta give it a try?
#1 At least they keep an active website
#2 there's only 15mm shares out (about 6mm options and warrants but there around 20 cents)
money could be made at 2-5 cents now long before these kick in and they would raise capital.
#3 they do have some properties and it is possible they may raise some dough from Africa.
I suppose they may pick up a jv partner on some of there Ontario properties.
Whats a shell worth these days, not much I suspect (ase and vse look like an oyster shuckers workstation) but must have some value.
I think a lot of shares are held by (family China CLIPPER).
It appears they run 3 stocks in there group : Patrician/china clipper/Golden Hart. ( one may get lucky and be in a position to finance the other.
Good thing I don't have any money, I might have talked myself into buying 10,000 at 3-5 cents. Guess I'll mull it over for a few days, just in case my true love Canabrava comes in.
HOPE IS ETERNAL-Mike
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