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.

Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: Tommaso who wrote (226109)	3/7/2003 9:00:21 AM
From: Earlie	Respond to of 436258

T: I have always enjoyed messing with start-ups. You have to accept that most of them will do a "TU" on you, but the few that make it through the hoops sure as heck more than make up for the losers. I have been looking for some time for a cheap play that would provide my gang with exposure to what I believe will be a huge oil and gas exploration period over the next few years and I believe I have found an acceptable risk/reward situation. I like companies that have technology as well as market penetration "barriers to entry". Have a look at the web site of a little dickens called Mosaic Mapping (mosaicmapping.com). The web site provides details on what they are all about. In a nutshell, the company provides airborne, gps-referenced, laser-scanned mapping services to both government organizations as well as the resource exploration corporations. It provides both the airborne services as well as the data massaging. It is growing like a bad weed (and consequently suffering from the associated cash flow problems that fast growth always creates for a junior), and is starting to land some very large clients. Stock trades on the CDNX for peanuts and so far, has not appeared on any brokerage house radar screens. I have encouraged my clients to quietly squirrel a dollop or two of this stock away, where it will either become toilet tissue or provide a consequential multi-bagger within the year. I expect the fact that the company is landing some large corporations will increase its profile with investors, but who knows for sure how long that will take. What I do like is that it enjoys solid margins and is close to cash-flow break-even (the most important milestone for ANY junior company) and is also being kept under surveillance by a couple of larger service companies as a possible acquisition. Might be worth poking a stick at. (g) Best, Earlie