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Strategies & Market Trends : Bosco & Crossy's stock picks,talk area -- Ignore unavailable to you. Want to Upgrade?


To: Gib Bogle who wrote (7041)1/19/2005 3:07:24 AM
From: Crossy  Read Replies (3) | Respond to of 37387
 
Gib,
I do not know about the mining comapny as I don't invest into that sector. San Telmo Energy seems to be real however. They have a website, post on SEDAR etc and do REAL drilling. In fact I've been looking at them recently but decided to go for AIE.V instead.

And regarding "people" this is nuts. I would call it bordering "fear mongering". SME.V has Scott Zimmermann as president, formerly with Evergreen Resources (COO).

just that you know it'S pretty clear that dealmakers that asssemble a project get a good chunk of cheap early stage shares. this is the name of the game. However dilution is clearly not much of an issue at Stormcat with it's 15m shares outstanding..

my suggestion is - in these cases - to go to the "mother of all DD" for advice. For Canadian companies, you must go to www.sedar.com - look up the filings, especially the MD&A report of the last date. There management posts narrative and financials about the business from a storyline perspective.

rgrds
CROSSY



To: Gib Bogle who wrote (7041)1/20/2005 11:16:36 AM
From: Bart Hoenes  Respond to of 37387
 
You definitely need to do a lot of DD to keep yourself safe and stay on top of the story. Even then it sometimes isn't clear. Years ago - 1997/1998 or so, I owned a little company, UPL.V. On it's SI board were several who were investors in the company and generally positive about the company. There was also a couple of very nasty guys who would tear the company up - management was shady, it was just another pump and dump operation, wells expensive to drill and gas flow wouldn't last so returns will be bad, etc. - on and on. They would make vicious attacks on those who made positive posts. Today of course UPL and the Pinedale anticline area are great success stories. I only wish I had held on to all the shares I had purchased back then.