Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Rarebird who wrote (48809)	2/11/2000 12:43:00 AM
From: goldsheet	Respond to of 116763

> Now the Gold Mining Industry has to convince investors to take a long position in their company They need a course in shareholder and public relations. You know I run one of the largest gold sites in the world, and I often write companies to ask questions. You would not believe how many don't even bother to reply. I sent about twenty-five (25) emails at the time of the Denver Gold Group Conference, and got five replies. As for my site traffic, 90% of my visitors are to the gold site, 10% to the coin site. As for site sponsorship, 90% of my revenues comes from the coin side, the miners either don't have any money or don't want folks to know about and invest in their stocks ;)

To: Rarebird who wrote (48809)	2/11/2000 6:54:00 AM
From: long-gone	Read Replies (1) \| Respond to of 116763

<<Now the Gold Mining Industry has to convince investors to take a long position in their company. That won't as easy as closing out a forward sale.>> Rare, Following my most recent post to Ken(or was it myself?): The biggest FEAR the great Wall Street houses in the bull market & CNBC should have is if Gold DOES rally & the XAU DOES NOT follow. It will prove, once & for all, "they built a house they can't live in". They are the promoters of the ideas that: 1) the market is always right 2) nothing is worth anything other than the techs few moving names 3) the very companies they are working for will, in the end, mean nothing, be worthless, & be able to receive NO new investments. The reason the XAU hasn't moved is because the XAU hasn't moved. T/A is the only factor involved in the movement of anything in this market. Fundamentals mean NOTHING(even profit! Need we go find a list of companies(non-gold) which are making great money & are valued by the market at near nothing? (see YUM). Buy CSCO & BVSN or die?

To: Rarebird who wrote (48809)	2/11/2000 9:38:00 AM
From: long-gone	Respond to of 116763

<<Now the Gold Mining Industry has to convince investors to take a long position in their company. That won't as easy as closing out a forward sale.>> Well, we are not alone, the petroleum equities analysts are shaking their heads & wondering about lack of performance in oil company issues heck, even the boyz on CNBC are starting to whine now that CSCO has the great market cap Vs GE. "Built a house they can't live in"!

To: Rarebird who wrote (48809)	2/12/2000 8:12:00 AM
From: long-gone	Read Replies (1) \| Respond to of 116763

<<Now the Gold Mining Industry has to convince investors to take a long position in their company. That won't as easy as closing out a forward sale.>> OK, looks like some of the mining companies (but none I own) were listening to me when I said they needed to do reverse splits. We know how many in theis market base their investments $ placement ONLY on stock price performance.: Friday February 11, 10:59 am Eastern Time Canyon Resources shareholders okay reverse split GOLDEN, Colo., Feb 11 (Reuters) - Mining company Canyon Resources Corp. (AMEX:CAU - news) said Friday that its shareholders have approved the company's proposal for a reverse split of its common shares, which closed at 7/16 on Thursday. The proposal was approved by a majority vote of shareholders at a special meeting on Feb 10. The approval authorizes Canyon's directors to implement a one-for-2.5, one-for-four or one-for-five reverse split of common shares and to cut the company's authorized shares of common stock from 100 million to 50 million at any time until Jan. 14, 2002. Canyon said the board plans to deliberate on the possibility of the reverse split over the next several weeks, considering the current volatility of the gold price (cont) biz.yahoo.com