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Microcap & Penny Stocks : nhmcf -- Ignore unavailable to you. Want to Upgrade?

To: bullmarket who wrote (277)	11/16/1997 1:08:00 PM
From: Gil Kempenich	Read Replies (2) \| Respond to of 702

The following is "must" reading for anyone currently holding shares or contemplating buying shares... stockdetective.com Gil

To: bullmarket who wrote (277)	11/17/1997 7:18:00 AM
From: MoneyPenny	Respond to of 702

I still hold a very small (200 shares) amount of NHMCF and sold the rest a while back. I just have a problem with too many touts on stocks as I am a sadder but wiser investor the past few years on some of the goofy stocks I have bought. This whole scenario reminds me of another company Caledonia Mining with great press, good recs, and high on the list of a tout newletter which ran up a .75 stock to 11. on prospects alone and back to .47 to .56 range today. They still have the same assets and have added more in the past 4 years. The main action in the stock price was on the basis of the Oxford Club. This was not a gold mining stock per se, but a wide range of mining materials: cobalt, sapphires, marble that was worldwide. It now is a plaything with the penny stock crowd moving 5-9% almost daily. I bought this stock because the concept is sound and I think there is potential. Am I ready for another 2000 shares? Not yet. I just referred to the early part of the thread as it is very informative as to the pr strategy the company has used, probably to its detriment. Didn't the company have several analysts visit a while back? I'd like to find out if Fido purchased it for their Canadian, Health Sector or Low Price Stock funds.