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Gold/Mining/Energy : BOB BISHOP picks !!!! -- Ignore unavailable to you. Want to Upgrade?


To: justaninvestor who wrote (621)3/7/1998 3:21:00 AM
From: marcos  Read Replies (2) | Respond to of 695
 
"Ever heard of the "beating a dead horse to death" syndrome?"

It's a horse? - I perceive porcinity, not equinity. And I'm not so sure it's dead, BB's recommendations still move stocks, for example Lexam, in which I hear BB took a PP a while back - until their balloons burst, for example Lexam yesterday. News of its imminent demise would be welcome though, whatever its genus.

I am proud to state that I have never passed so much as one thin dime to Mr Bishop, and so he does not send me his stuff, and I have no idea what he says or how he says it. Being of a pensive nature, though, I find myself speculating on why he says it. There are apparently two levels of subscribers, most pay less and get the scoop a little later than the few who pay much more, and so become their prey. At the top of this little triangle is - guess who?

What happened to get my back up recently was that BB dumped on Winspear and Yamana, one of which I own and one I don't. Doesn't really matter, they are both quality companies. At the same time, he pumped this Lexam. So I thought it was poetic justice to present the Mar 6/98 Winspear/Lexam story side-by-side. That's all, no big deal.

It was part of a larger Politik, though. I find disgusting the whole idea of herds of speculators being led by such gurus. The great majority can have no hope of being in the front of the herd, and so see nothing but tails and assholes, and must step in the droppings of those who went before. Bishop is not the only one, there's Grandich and Struthers and Taylor and a raft of others. Too bad Chelekis is gone, he was a spot of local colour in a murky scene. Right now there's this Asensio guy leading great herds to short Crystallex, I see you are aware of that. All the same thing, imho.

Better the individual educates himself, so that he can make his own decisions. Some would say (I would say this of Kaiser) that these gurus provide a service in that education. Maybe so, but it's an extremely expensive service - Bishop recommended Winspear a year ago between 3 and 4 dollars, then recommended dumping it a week ago at 1.00, just before drilling started on some quality targets ... and people pay for this advice....

"I WANT you to own this stock" - that's really funny -g- "How to Self-fulfill Your Own Prophecies - for a Week or Two" by B. Bishop.

Each to his own, though ... I've enjoyed your comments around the threads
........ cheers ............... marcos



To: justaninvestor who wrote (621)3/7/1998 8:28:00 AM
From: George J. Tromp  Respond to of 695
 
Well to set the record straight., and not to beat a dead horse into the
ground., I do have his GMSR Report on Greenland., featuring nearly
a full page on LEX. I have as well his didy telling his subscribers to
sell Winspear and switch into LEX. Am I pissed to say the least.,
he has single handedly loped about .50C a share off Winspears market cap.
I am not in the newsletter business., and most newsletter writers do
alert investors to area plays and potential value. However., I can make a real strong case of showing the opposite as well. You see
I have filed about 3 yrs data on Bishops picks., and if you want a
summation we can start throwing them into the public domain.
His uncouth remarks concerning Major General Resources., " quote Eliminating Major General Resources from our Universe." smaks of
the spewings of an arrogant individual quite filled up with himself.
supported by a veritable list of pump and dump stocks.
I bought Aber Resources just before Bishop picked up his coverage.
He did a good job of covering the story. I had some respect for his
coverage then. However my opinion has changed considerably from
those early days.,

In regards to whether it was a strong pick., anyone devoting nearly
a page of information on LEXAM mentioning it at least with a followup story choosing Lexam over Winspear smaks of a strong
recommendation. No he wont be weaseling out of this one.,
and if you like I can type the whole text here for everyone to see.
Sincerely
George J. Tromp