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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?


To: Jim Bishop who wrote (4695)7/22/1999 10:26:00 PM
From: Wilse  Read Replies (1) | Respond to of 150070
 
SSP:
As per your suggestion I have reposted the PM I sent you re. NRY on Vancouver. August and September could get pretty interesting...

I'll paste the PM here...

SSP:
Hi I have been following Golden Lists for a couple of weeks and I
thought you might want to take a look at this gem mining company I have been following
on Vancouver for over a year. (I know the word 'mining' is pretty scary right now but it also
spells opportunity in many instances) According to company IR (therefore I would
qualify this as rumour)they are launching their product (Red Berylium/Red Emerald) in the
fall. This would certainly be suited for the rumour list pending confirmation of a date, but an
impact date of Sept/Oct is likely. This stock is extremely tightly held. The product is
exotic and the company has a monopoly on the worlds only economic deposit of Red
Emerald. The website is www.nearyresources.com and most of the information you need
for preliminary DD can be found (feasibility study, financial, NR's...)
IR can be reached @ 1-877-684-4414. At this point in time IMO the major announcements
that will move this stock are:

1. announcement of issuance of the large scale mining permit
2. announcement of initial sale of Red Emeralds
3. announcement of commencement of fall marketing initiative....

Item 1. which could happen any time prior to late Aug. may not
in itself move this stock but any combination of these events should get it through
1.25-1.35 short term and possibly well beyond. For reference and some history visit the
Neary thread on SI (It is quiet but I think you will find the archeology fruitful/of particular
interest some of the valuation numbers composed by Hugh Thorne) I would appreciate
your thoughts as you are obviously an extremely seasoned and savvy investor. BTW The
stones sell for an average of $2500 US per carat. Some have fetched as much as $40,000
US per carat. I am the farthest thing from a geologist or a competent stock analyst but I
truly believe I am on to something here. I suspect that if you are not immediately
interested when you investigate this that you will at least move it to a watch list. This is a
story that has not been very widely told and the float is nice and small ;-)
FWIW (Currently .70 Cdn/share)
Wilse

_______________________________________________________________
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to all Golden Listers please do your own DD and you should be able to corroborate my findings. There are a number of posters on the Neary thread, that would gladly dialogue on this. Good luck and if your are able to expand on any new findings or more finely tune an impact date, please post it to Golden Lists and/or the Neary thread.
FWIW
Wilse