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Gold/Mining/Energy : Rock Resources -- Ignore unavailable to you. Want to Upgrade?


To: SwampDogg who wrote (1302)10/5/1999 3:26:00 PM
From: marcos  Respond to of 1996
 
Because spec plays run -g- ... market will pay more for blue sky than for anything else ... the wild speckie party, then the feasibility hangover - it's an old story ... wsp comes to mind, just now.

I edited that last post, put in the url to that release ... i agree, there's value there, but .... there's value in lots of them ... look at mfl today, down a nickel ... that's ridiculous ... xcl still hasn't broken through thirty freakin cents ... they're both sitting on the real thing and blue sky as well ... i dunno, maybe we're not going to figure it all out this week ... cheers

Btw - if Rock settles out of court for half their claim, they would receive considerably more than their current market cap ... and then there's Coirón.



To: SwampDogg who wrote (1302)10/6/1999 9:39:00 AM
From: the Chief  Respond to of 1996
 
Just a comparison...that is all
Why buy a spec play when companies already have the goods?


Quite simply because exploration is where the money is, not pre-production. NNO's assets are very good, they have 75mm outstanding and will dillute further to reach production on any of their projects. During their earlier drill program, they ramped up significantly, which is where RKR is now. Just a word of advice, never hold a junior in the pre-production stage, it has been shown in ALL cases this is the kiss of death. JMO

PS....lets talk about RKR on the RKR thread, because there are tonnes of other stocks in many stages of exploration and pre-production...all don't belong here.

the Chief