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Gold/Mining/Energy : Canadian Rocket Red's Picks -- Ignore unavailable to you. Want to Upgrade?


To: calgarylady who wrote (8917)9/20/2006 4:22:34 AM
From: kidl  Read Replies (1) | Respond to of 19697
 
Now, now, now ... Townsend might be a "XYZ" but he can take credit for teaching me one very important lesson:
The product is secondary
The resource is secondary
What counts are people and the people they surround themselves with. That is if you are an "INVESTOR".
There are plays to play with and others to invest in ...
I love RR's forum because it accommodates both styles. There is a "heads up", maybe a follow up or two and that's it.
Like it, lump it or dump it. It's the sort of "shoot first and ask questions later scenario" aside from a few notable exceptions.
In essence ... Raise "flags" but don't argue. Just play or not play. Most other forums / participants (myself included) get so caught up in FA that they miss short term opportunities.

I consider this forum the cheapest NL I ever subscribed to.



To: calgarylady who wrote (8917)9/20/2006 10:54:45 AM
From: Rocket Red  Read Replies (1) | Respond to of 19697
 
PLE-Purchase price: Five cents per common share/hmmm cheap paper

Warrants: 13.72 million warrants to purchase 13.72 million common shares

Warrant exercise price: 10 cents for a 24-month period from the closing of the private placement

Insider: Guy Bedard 760,000