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Gold/Mining/Energy : RIOSUN--TRIPLED SINCE DEC 1st -- Ignore unavailable to you. Want to Upgrade?


To: dean poets who wrote (141)3/9/1998 4:30:00 PM
From: Jeff Hackett  Respond to of 208
 
Not sure! Someone told me they 'phoned-up and were told that their CEO is heading out to Madagascar again.....They must be bringing the gems back personally, eh!? I don't know any more. There are no solid answers here just a lot of speculation as to what's going on. One tends to believe when Companies don't provide a regular status of their operations (especially in the crucial development stages) that they have something to hide like they're behind schedule or they've run into some snag or other. They should realize that even reporting adversities lends them respect and credibility. A web site would be handy for them to provide information without necessarily having to submit details to the VSE. Although if they can't pay their bills on time, maybe it's just another expense they can't afford?! We'll never know because they're not telling....anything.



To: dean poets who wrote (141)3/10/1998 4:55:00 PM
From: Jeff Hackett  Read Replies (1) | Respond to of 208
 
Further to my last posting which obviously showed my misgivings about the Company I read the latest fall-out on the ADIKANN thread.
Take a look. It's about a bunch of people who've apparently been scammed. According to what you read, share-holders appear to have been played along for 3-4 years while insiders made a pile from hyping that Company. It made me stop and consider just what value is in this Company. What have we actually seen that's proven? What is the status of the alleged re-opening of the abandoned mine? Has anyone talked to the Company recently? Does anyone know anything?
Is the stock really moving up these days or is it possible that insiders are just investing a few bucks to sell the shares back and forth? Theories.....facts.....anybody???