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Gold/Mining/Energy : ISLAND-ARC RESOURCES IAR-VSE

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To: The Fix who wrote (179)5/3/1999 6:10:00 PM
From: Paul Bilecki  Read Replies (1) of 186
 
Its do or die time... I am long on this baby, taking the chance, if it doesnot work out, thats the way the ball bounces....If it does, this boy can buy my cottage sooner......That's what I love about this game.

Amount invested: 10,000 shares @.25 cents
10,000 shares @.30 cents
Total $5,500

Maximum Potential Value 20,000 shares times $5= $100,000
Medium Potential Value 20,000 shares times $2.50= $ 50,000
Moderate Potential Value 20,000 shares time $1.25= $25,000
Low Potential Value 20,000 shares time .10 cents= $2,000

Maximum Loss: $3,500
Maximum Gain: $94,500

Enjoy the results or lack of results. As I said, I am playing bullsh_t poker with this one. In the dark, Southernera has kept their cards close to their chest. Drilling is probably just about over at Munn. Is there a monster or not? That is the question.

lets hope they are going to do further geophysics on the land this summre?? What about Margaret, ????

Hey ho lets go..... Ya Baby tell us the truth..... Munn Monster or just another Dyke Yikes or Dyke Blows?

We know it is probably high quality? RE 25 metre boulders found on nearby land with diamonds and large ones at that....

What is going on here Mr. Jennings, will this be the find to pick your stock up out of the doldrums at $4.70 per share?
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