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Gold/Mining/Energy : VENGOLD VENGF this is real -- Ignore unavailable to you. Want to Upgrade?


To: banco$ who wrote (263)12/11/1999 3:55:00 PM
From: mick  Read Replies (1) | Respond to of 350
 
So - what do you think ?

Like many a failed mining company, they have decided to go with the current fashion.

I think they may be a little to late to make the 5 to 10 fold gains, but maybe we can see a double or triple.

Last company I watched doing this was Contki Resources (TKI now listed as BET). It was near a dime when I looked at it. It peaked near $ 2.4 - a 24 fold return (if you timed it right) within a year.

I may put a sell on it near $ 1 which would give me a nice return. I think a better headline right now would have been

Vengold To Distribute Linux Software Over the Internet

Probably would have seen a couple of bucks if not more.

Cheers



To: banco$ who wrote (263)12/12/1999 10:58:00 PM
From: banco$  Respond to of 350
 
Notice that they're investing in private companies rather than exchange listed securities. The long-term goal appears to be taking these companies public. Could be a big payoff in this endeavor if they're careful and lucky. Vengold's capital pool will not be liquid as it is today due to the commitment to private investments, leaving little room for error. Looks like investors are happy with the proposed change so far.



To: banco$ who wrote (263)1/19/2000 5:35:00 PM
From: The Vet  Read Replies (1) | Respond to of 350
 
Anyone with an idea why VEN suddenly jumped 30% on huge volume? Not that I'm complaining, but there seems to be no news or even a rumour that I can find.