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 : Francisco Gold - FGX.V -- Ignore unavailable to you. Want to Upgrade?

To: russwinter who wrote (796)	5/8/2000 10:28:00 PM
From: Elizabeth Andrews	Read Replies (3) \| Respond to of 1907

This is very good advice as I've seen the inefficiencies from the short side and have seen many irrational things happen before the stock collapses. I'm long FGX and I believe that the market is very inefficient on appraising its market cap. It will change suddenly on the upside. One thing to note. Analysts who cover stocks rarely uncover the real motivation of the controlling shareholder or of the board. This is very true here and very relevant to the inefficiency. On the other hand everyone seems to know what the agenda of the board is for PFG-they find they sell and that is how this deal is structured. The inefficiency in the PFG market will be corrected once one drill hole is published. Just a thought here but if PFG doesn't publish its first hole as soon as it's assayed but waits to report a batch of holes, this is when I will short it as that will mean the first hole is not so good which will be the deviation from the AQP pattern. I'm waiting as no one in their right speculative mind should own this at its current market cap without a drill hole. My opinion. I'm long FGX and flat PFG for now.