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


To: the Chief who wrote (1384)1/28/1998 8:37:00 AM
From: Ed Pakstas  Read Replies (1) | Respond to of 3650
 
Chief: Excellent reasoning... That's why I'm treating this play as a short term trader... I know that a lot of people don't like short term trading but I for one don't think that this company has anything for real "YET",,, except for some good prospectives... I personally am going to treat this and other exploratory mining companies with the same attitude...

BRE-X and BRESEA taught me some good lessons that I refuse to forget...

Have been been buying small #'s on downticks, at apparent support levels and keeping the average cost down... So far so good... Am taking profits wherever I can until there is an actual delineation of some sort of anomaly...

I'll refer you to this posting for further reasoning...

Message 3267168

For longer term holds I'd rather keep my money in juniors that have revenues and cash flows...

...ed



To: the Chief who wrote (1384)1/28/1998 8:50:00 AM
From: Surething  Read Replies (1) | Respond to of 3650
 
Big Chief speak with forked tongue. Two drills are turning. One in the ORIGINAL discovery area and the other on a large anomaly to the south west.You must have read only half my sentence.It is prudent geology to try and extend the mineralized zone in my opinion.

best wishes

Surething



To: the Chief who wrote (1384)1/28/1998 8:51:00 AM
From: dave brown  Respond to of 3650
 
No doubt there appears to be a little hanky-panky going on with the stock trades of late. Can-o-beans has a fund dumping stock which accounts for their massive sell-off. I would suppect Yorkton may be in the same boat.

I support the move to drill the new target. The anomaly (like an a--hole, everyone has one) appears to be a separate venting system. We have always discussed the possibility that more than one vent is out there accounting for the wide spread minerialization. Why not test it now, could be richer that the first one fueling the next level of speculation on CRN.

To cover the downside, drill a hole closer than the 66m step-out close to the discovery hole to get back on track tracing the zinc zone. Could provide the numbers the market whats to see from this play.

Hanging in for now!