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Pastimes : The Death of Silicon Investor -- Ignore unavailable to you. Want to Upgrade?


To: (Bob) Zumbrunnen who wrote (607)4/19/2002 1:42:26 PM
From: marcos  Read Replies (1) | Respond to of 1003
 
They never mattered to me once they were run out of SI ... amusing as some of that stuff is, i just don't have time to follow around such verbose whackos, especially to a place like ragingbull where the pages load so slow one at a time and they inflict on your eyeballs all those flash adverts ... i have missed much of the rmiltouts sequel, sort of wish someone would do a Cole's notes on the story right from the start ... it's fascinating stuff, real study in human nature, there's easily a doctoral thesis in it, perhaps many if you peel away at the facets of it

'I have to confess to also being a bit prejudiced against resource juniors, mainly because of the OTCBB companies I've seen purporting to be such firms.'

Used to be the VSE those people used for scams, until it was cleaned up in the early nineties, then became the CDNX .... while there were an embarrassing number of canadians involved, the scamsters came from all over to use the border and lax regulations as cover, there were at least several sheiks of Araby, for instance, and an impressive number from Maggot Mile, Florida .... moment the VSE started cleaning up, they shifted to the BB across the line ... few years later the BB insisted on some level of reporting, wham the pink sheets get electronically enhanced ... so it goes

In fact, going back to the sixties, the VSE only really got rolling after the Windfall promotion of 1964, following which the TSE tightened up considerably, which caused a shift of scams and honest efforts alike to move west to Vancouver ..... from 1964 until fairly recently, no mines were made by a TSE-listed company, while VSE listings made many ... among a great number of failed efforts and outright scams, of course .... but even Keevil of Teck-Hughes moved west, because you could there raise capital without the lawyers and accountants and exchange bureaucracy taking the major slice of financings ... my first stock was a VSE listing, undervalued copper play with proven reserves and a mine coming onstream just as copper was moving up, gave me a four-bagger even though i sold too soon ... its successor company had a New York listing until quite recently when the bear knocked it below 1.00 USD, it's still on Toronto, cch.to .... paid a whole lot of dividends in between, too

Then, as luck would have it, a few months ago the TSE bought out the CDNX, started hiding information right off[cdnx had the best info flow i ever saw], and just this last monday they changed its name to the TSX, lol

At this stage in resources, at the tail end of a long bear, beginnings of a bull, there are relatively few scams or weak opportunistic efforts .... lots of value out there still in advanced stage development projects, and i fancy i see some reasonable bets in drillbit speculations, as well .... but the proportion will change should we get a resources bull market, the scamsters have already got product coming online, i betcha