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Gold/Mining/Energy : Adikann Goldfields ADK (VSE) -- Ignore unavailable to you. Want to Upgrade?

To: paulo who wrote (693)	11/3/1997 2:34:00 PM
From: Gene Veinotte	Respond to of 826

Good points and well taken, Paulo. Take a look at the cycles of the junior stocks and they run through the cycles from accumulation to distribution. Most of the companies have little value BUT this does not stop many of them running from a dime to a dollar in short order. With good(?) promotion and then when it stops the smart money is out before the turn. Then it is shorted on the way down. Gives them a double bang for their buck. It is up to each of us to decided when and where to enter into these stocks and the same applies to exit them as well. Another thing to consider, is how many of these companies actually find the pot at the end of the rainbow. Are they really looking for the rainbow. I believe the gold lies somewhere in between you(and me) and the rainbow If we can pick some shares in the lower end of the scale, not be too greedy (hard to do) and get out before they reach the Holy Grail, we should do alright. Of course this is just my opinion. Good luck to all. Gene .

To: paulo who wrote (693)	11/3/1997 6:09:00 PM
From: Furry Otter	Read Replies (1) \| Respond to of 826

<<this is a bogus company shuffling paper>> Oh, I agree...and I agree that this is a classic shakeout we are in. This why, even though I believe the company SUCKS, I bought 75k shares at .12. I can easily shrug off losing it all...and I won't sell until I get to my trigger point, which I will keep to myself, for obvious reasons. As for keeping our frustrations to ourselves...I think the MMs know that we are frustrated. Whatever. It is sort of cathartic to commiserate on this thread, that's all. Regards, Otter