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Gold/Mining/Energy : Any Good Penny Resources Left? -- Ignore unavailable to you. Want to Upgrade?


To: paul s. who wrote (525)11/26/1997 11:33:00 PM
From: GLF  Respond to of 753
 
I can tell I've lost on a Jr. before.

FWI That Jr. was BYG on the TSE. I bought at 1.28, 1.16, .97. Sold at .90. Now trading in the 40's.

Young and impulsive.

MIX Diamonds are exciting, but can they make up for less than sparkling gold prices.

I'd like to see how much cabbage they have in the bank.

Thanks for the web site. It does sound like they are developing proven sites.

I'd be interested to see how MIX compares to other companies with similiar interests.

Might be one for the matress.

Greg

P.S. I don't mean to hype, but if you don't have any EUTO or CVIA in your portfolio allready you might want to take a look. If you don't mind dealing with BB's and MM's.



To: paul s. who wrote (525)11/28/1997 12:38:00 AM
From: GLF  Read Replies (1) | Respond to of 753
 
Ourominas Min. Inc. (OMI) on the TSE. Any oppinions?

The 12 month target price is very attractive.

It was suggested to me as a buy at .33. It's at .20.

What's wrong here. I know somebody dumped a lot of shares. But does this current price reflect the true share value?

The OMI thread is very quiet. I think some people might be holding shares at a much higher price.



To: paul s. who wrote (525)11/28/1997 4:29:00 PM
From: GLF  Read Replies (1) | Respond to of 753
 
I called Perry Meszarous with some questions re. Micrex.

He feels the float is 3/4 million shares +-.

Shares outstanding 10 million.

Total share count is 10 million? I'm leary on this because of my lack of understanding.

He also told me insiders hold aprox. 50% of the total.

I asked him when we might expect reports in the future and he explained to me that in the past news has not been well received, so he said that Micrex will wait for the time to be right to release information.

I also inquired into the companies expressing interested joint venture financing. Perry expressed Micrexs' interest in not building share value on the reputation of other companies. I find this a positive management strategy.

He told me more information might be available monday.

I hope my DD is accurate. I will confirm these numbers monday.

At the current price I'm considering this one more and more. My only concern is, where is gold going?

Greg