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


To: Surething who wrote (1344)1/24/1998 7:43:00 PM
From: Taco  Read Replies (1) | Respond to of 3650
 
Surething, why not positive drivel? Everyone knows that these types of plays take time to play out and there are some very positive things to consider:
1. Golden Knight bought 1 million shares and are spending more on drilling.
2. They have continuously found mineralization on their drilling programs, obviously not economic or the stock would be at $10.00, but, there is obviously a pretty good idea by someone that there is a very real possibility of a mineable deposit.
3. The shorts are obviously playing the stock right now and who knows where they can take it to, but, one bit of good news and .....
4. The property is in a proven area of mineable deposits.
5. It doesn't look like any of the insiders have sold recently as witnessed by this week's insider trading reports (yes, they have time to report, but, if they were selling it would probably be showing up by now).
6. The Working Opportunity Fund had 8.4% of it's assets in CRN in the last couple of months, they may have lightened up by now, but ......
7. The insiders just awarded themselves some options at $1.53 a share, didn't they? If this thing was dead, would they bother??

Lighten up and enjoy, the future looks great!