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Gold/Mining/Energy : Starpoint Gold -- Ignore unavailable to you. Want to Upgrade?


To: john mcknight who wrote (1859)2/7/1998 8:14:00 PM
From: Chopper  Respond to of 2378
 
The insider filings are available on the web via Stockwatch. If you look at them, you will see significant insider selling. For example, Harry Bristman has sold a lot of his original stock.

But that doesn't really matter that much as long as he is committed to working for the company which he appears to be doing.



To: john mcknight who wrote (1859)2/8/1998 8:25:00 PM
From: joseph schevenels  Read Replies (1) | Respond to of 2378
 
John,

It is not necessarely easier to extract minerals in an alluvial o-
peration,much less start up capital is needed,but how many alluvial
operations do you know of ,and if you know any are they profitable?
Most of them really are mom and pop operations.What the "investors"
like to see in a news release is things like "seeking financing for
production start up etc. iow give the impression that a property can
be put in production early and with not too much money,this is good
for the shareprice.
Anyway all this is irrelevant for the very simple reason that there
is only an EXTREMELY slight possibility that these guys will ever have to
make the decision to put a mine in production or not.And when i say
"these guys" i am speaking in general terms,it is nothing personal against the STS management.It is much easier
to tell stories: ",the release states that the potential for multi-million oz "could be
reflected in underlying stratabound or shear zone controlled mineralization of several
million ounces of gold"

The pump and dump ,i don't have proof ,i don't accuse anyone,but these guys knew what was coming when the financing did not succeed
and they did not sell their shares and/or short ! ,hard to believe...
This is just the nature of this business,one can make money jumping on
the gravy train for a while,and jump of before the train runs off
the cliff.But every now and then a big winner comes along ,only they
are extremely rare and far between !
I do not want to become the "nasty' guy on this thread,i know a few
of the guys here from other threads,i just have my little way of
doing things ,it works out well for me.

Good speculating

Joseph

"By the time management admits the project is a bust,it's too late
to sell-and most speculative projects do fail" John Kaiser