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 : SRU-ASE : STARFIELD RESOURCES -- Ignore unavailable to you. Want to Upgrade?


To: dean poets who wrote (537)6/16/1999 2:21:00 PM
From: CIMA  Read Replies (1) | Respond to of 1239
 
From Raging Bull:

By: chimpleton
Reply To: None Wednesday, 16 Jun 1999 at 2:15 PM EDT
Post # of 574


I would like to respond to Dean Poets on SI.
First of all do your homework it's the ASE and not vse which this company has been listed.
I am up over $80,000 on this stock and alot of people I kwow that invested are all up.
How about you?Or does that raise another RED FLAG.






To: dean poets who wrote (537)6/16/1999 4:38:00 PM
From: CIMA  Read Replies (1) | Respond to of 1239
 
Dean, I don't want to get into a major scrimmage but I think you're missing the point on SRU. These results were based on a limited phase one program designed to prove the existence of Pt/Pd and Co at Ferguson Lake. Neither INCO's nor Homestake's previous work was sufficient to prove this previously. The results prove a cocktail of mineralization over several kilometers open at strike and depth. Geophysics show the main ore body to be deeper than the drilling completed by phase one. Phase one only intersected streaks. If the main ore body is where the geophysics indicates it is then there is major tonnage (100M+ tonnes). That makes Ferguson Lake very economical to mine. The phase two summer drilling program will penetrate the main ore body and begin to indicate tonnage. This play is far from over and IMO it shows a lack of understanding at this stage to be bashing the stock.



To: dean poets who wrote (537)6/18/1999 5:00:00 PM
From: Claude Cormier  Respond to of 1239
 
<<Any company phoning investors telling them to buy shares before results are released, should be investigated!>>

Dean,

Promotion is part of the game, but this is certainly not what we could call highly ethical, I agree with you. But I don't think there is a case for investigation...unless they truly lie to you.

Some IR people are simply more aggressive than others. It is up to the investor to make is own DD, put everything in the balance and decide on buy and sell targets.

It is true that the more aggressive IR people are, the more they look bad when if the results do not match expectations. But what would you have said if SRU had released 80 meters of 3% nickel.

IR people simply don't know the results before you do. Their job is to sell a story. Of course, some do it in an ethical manner and others are over doing it.

But in the end, investors take the decisions.