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.

Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: Cogito Ergo Sum who wrote (10320)	4/1/2002 9:23:14 PM
From: Cogito Ergo Sum	Respond to of 36161

From John Pitera's thread: Message 17266435 So using the rule of 72 it will take 72 / .001 = 72000 years for your money to double assuming of course no tax along the way on your 'gains' ;o) EDIT the volume of posts there is not high but well worth the read by all.

To: Cogito Ergo Sum who wrote (10320)	4/1/2002 9:29:29 PM
From: Frank Pembleton	Read Replies (1) \| Respond to of 36161

Kastel... nah, never posted that one - but I'm well aware of the restatement of reserves game. Funny thing though, Rio Alto warned about this in January, but they warned that the revision was in the 10% range. I'm finding it hard to believe that the write down was a "surprise" at 36% -- a dramatic change in the size of this company, eh? So I guess it's up to us to see if any insiders start picking up this stock - because I'm sure they're piling on all the bad news here at once. Regards Frank P.