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

To: paul s. who wrote (598)	1/10/1998 3:53:00 PM
From: CLK	Read Replies (1) \| Respond to of 753

In fact I just spoke to him for a hour even though it is Saturday and the idea is that with 10 million free trading shares in the treasury you can bring properties into the company in exchange for shares. Of course it helps if the shares are worth a dollar and not a nickel because then you can get better projects. However the flip side is that a good businessman can see this possibility and may want to start the ball rolling by vending something good in to begin with. I think that is what is going to happen but it may take 6 months. In that time the cash flow from the Chinese operations will begin in earnest and the company will become desirable on its own. So before that someone will want to be positioned. I may buy some more Monday because this is the kind of thing that has not much downside, huge upside leverage and is fairly recession proof. China has a huge internal market for marble products since they are going to build the country. Furthermore, these guys will end up with a gold property eventually which will go contracyclical to the upcoming crash. Call George and he will explain the situation. Give him a call today or Monday. I think this is going to be alot of fun actually. Watch also as SIR is about to finally happen. Even GGFI is firming. Chow.