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.

Gold/Mining/Energy : Golden Raven Resources Ltd (GVN) -- Ignore unavailable to you. Want to Upgrade?

To: GOLDIGER who wrote (2734)	11/12/1997 8:07:00 AM
From: D.McQ	Read Replies (1) \| Respond to of 3155

Goldiger: Thankyou for coming to BCMD site and encouraging all of us to check out this site. At least you were honest enough to point out that CYJ has not yet found a "hint of gold". techstocks.com However I can assure you BCMD isn't snooping around CYJ. BCMD crossed over from an exploration company to a mining company on October 14, 1997.. Anyone who is willing to do their real Due Diligence on BCMD can prove that to themselves. All we are waiting for is the ANNOUNCEMENT of the Joint Venture partner and the ANNOUNCEMENT of their production figures etc...We know BCMD is actually producing gold...but until the official numbers are released all we can do is speculate on the amount etc. To further demonstrate what I am talking about, I would like to point out a well known fact about the stock market...it is a quote from Andrew Carnegie..."The first man gets the oyster; the second man the shell." While BCMD is worth something, in my opinion CYJ is nothing more than a shell game. In his book, "How to Make Money in the Stock Market --a winning system in good times or bad" William O'Neil (the founder of Investors Daily) gives investors some sound advice. On page 34 he says: "Avoid Sympathy Stocks Moves--There is very little that's really new in the stock market. History just keeps repeating itself........Sympathy plays are stocks in the same group as a leading stock, but ones showing a more mediocre record and weaker price performance. They eventually attempt to move up and follow "in sympathy" the powerful price movement of the real group leader......In 1970, Levitz Furniture became an electrifying stock market winner. Wickes Corp. copied Levtiz and plunged into the warehouse furniture business. .....Many people bought Wickes instead of Levitz because it was cheaper in price. Wickes never performed. It ultimately got into financial trouble, whereas Levitz increased 900% before it finally topped." While Levitz and Wickes are an entirely different kind of stock.... I am sure you get my point....Add to that, the risk in the mining sector is many times greater. A gold exploration company such as CYJ can go out of business in a heartbeat....There is only wishes and dreams, as CYJ and its shareholds "hope to find a hint of gold....." CYJ isn't even in the same ballpark as BCMD no matter where they are located geographically. CYJ may move in sympathy or more than likely it will just sit there and do nothing, at worst it shrivel up and disappear as so many of these kinds of stocks do. When investors decry the penny stocks and mining sector as being risky heavy time losers...you usually don't have to dig far to find out that they are actually talking about these kinds of companies....the kind of companies that hope success is just around the corner, but in reality they have nothing but dreams to offer as proof... Anyone who classifies BCMD in the same league as CYJ is uninformed because they haven't done their homework and DD Darlene