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Microcap & Penny Stocks : CDCH Cerro Dorado Inc. -- Ignore unavailable to you. Want to Upgrade?

To: SwampDogg who wrote (795)	9/10/1999 6:54:00 PM
From: Lola	Read Replies (1) \| Respond to of 958

Do you remember a guy named George Chelekis who used to charge a fee for his newsletter (and it was a very good one too) but he also was paid by the companies to write about them? He ended up coughing up well over $1M for losses that his subscribers suffered. He was also forbidden from circulating his newsletter in Canada after that. I actually made alot of money off his picks . . . I guess I was just lucky . . . and fast! Another newsletter writer I know of paid over $1M in fines and served a 4 year jail sentence for doing a similar thing. Alot of what people are doing on the web and calling "research" is just criminal activity that the law hasn't decided how to handle yet. Alot of what I've seen even from these celebrity type stock pickers and stock short sellers makes me wonder if most of them are not under investigation as well. Internet laws are still just ideas in the minds of regulators. I wouldn't want to take any chances and mislead anyone with regard to these "investments" for fear of criminal prosecution. Just my opinion. Lola:)

To: SwampDogg who wrote (795)	9/10/1999 7:07:00 PM
From: CIMA	Read Replies (3) \| Respond to of 958

He wouldn't take the job if he didn't think it was legitimate IMO. He visited the property, inspected the core shack, reviewed all reports, spoke with the on-site geological team and interviewed management from what I understand. You are correct from a perception point-of-view though. An analyst for a big firm can put out a buy on a blue-chip company after loading up first and dump through the brokers to retail investors. That's kosher. What does an OTC:BB firm do to bring attention to their company when the same analyst won't even look at them? Newsletter writers have their hands out as well and don't do a quarter of the work that went into researching this CDCH report. OTC:BB companies can't win even with an honest disclaimer.