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Strategies & Market Trends : Winter in the Great White North -- Ignore unavailable to you. Want to Upgrade?

To: marcos who wrote (3182)	10/1/2002 5:17:38 PM
From: E. Charters	Respond to of 8273

I like Barker's act and their mineral properties and their long term exploration view. They got sulphides in the valley. There are lots of valleys in BC that have good formations of sulphides. But few want to explore since the NDP debacle. Otherwise there would be Windy Craggy Mine and Big Ledge and Wigwam etc... etc.. But BC prefers unemployment to regulation and environmental controls. If this has changed for real and public perception of it changes then Doyle's properties may become valuable. I looked at their samples and I see massive sulphide environment. The boulders in the valley must come from a deposit.(They have some in situ showings too.) Only question is how large or how eroded? It's a political tango and only partly a mineralogical one out there. The lack of bids points to a weak market maker. This is a given since Barker went and got its own 300 sharholders, and the brokers did not take control as they usually do. So they are bereft of institutional help. Barker needs a group to box him in. There may be no bids but selling would be weak too. This is no comfort without a box. News and hype do not drive a stock. Bidding does. With a quiet long term market, that points to specialist support and white knight acquisition. If Barker does not have 2 million to buy its stock, then in absence of a buy-sell market, some one else may have to have it. If I were Barker I would list on several other exchanges and enlist a broker, say in London, Frankfurt and US to take an interest. If you get too stodgy about promotion it won't happen. Promo is necesary evil, and it's realpolitik, not securities legislation 101. Quote me chapter and verse of the BCSC and I will quote you no bid. EC<:-}