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Gold/Mining/Energy : Cross Lake Minerals CRN -- Ignore unavailable to you. Want to Upgrade?


To: geoff s. who wrote (1106)1/9/1998 10:16:00 AM
From: the Chief  Read Replies (1) | Respond to of 3650
 
BAN has vested interest!! Geoff. When was the last time you heard a company pumping another companies project. Voisey Bay, Borneo comes too mind. It is really self serving. Has BAN purchased or announced a purchase of CRN stock ??

I agree, drill results are what is needed. But, drill results that just reflect an average grade will be more devestating than no drill results at all. There is fear in this market right now. You are seeing the migration of Canadian "international money" migrating back to Canada. Better to be sitting on a drill hole in Canada then one in Asia is the present logic. I don't necessarily agree with the logic but you can't deny it is there.

Getting back to the drill hole scenario, if the holes are average you will see a migration from this speculative/small cap play to purple/blue chip stocks and/or bonds. Not that it is not happening now, because it is, but people will continue to lower their exposure to small caps as times get tougher.

the Chief