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Gold/Mining/Energy : El Misti Gold Limited (EMG V) -- Ignore unavailable to you. Want to Upgrade?


To: Dave Markley who wrote (103)3/22/1998 12:16:00 PM
From: charred  Respond to of 513
 
Hi Dano: They reported this in a new release. It is on the web site. After 12 RC holes they give reserves of 10 million ounces of Au, 750 million ounces of Ag, and tonnes and tonnes of Cu, Zn. This a geological report indicating possible potential. They don't say to much how they came up with the reserves. If they said after 100 drill holes and here are the results with the drill plan that is a different story. I think the market is tried of listening to these types of predictions. At this time its all promotion. Why don't they Joint Venture this property to a major instead of continuing diluting the stock. One important question is how much are they paying the owners of the property? They don't say anything about this.

Again the property sounds interesting. I will follow this property closely. You may a see double in the stock price soon. They guys know how to promote. However take a look at last year's drop. There was massive insider trading.Don't worry about taking some profits. I do hope they strike it big. We need a confirmed discovery in the Junior market.




To: Dave Markley who wrote (103)3/22/1998 4:54:00 PM
From: robert b  Read Replies (1) | Respond to of 513
 
you stated that the in house report was a joke ...

do you have a copy ? i hope so, because coming to a conclusion without seeing it ... its nice to back up what one says ...

anyway, i have i guess most of their latest for this year, never asked for the report because it was written by geologists for i guess geologists (or those very knowledgeable in mining), so i told them to save on their postage !
last year it went up on promotion to 6.50 as per readers of the thread!!!

This year seems to have ten fold in promotion, are actually doing work on the land and will be getting money coming in this summer... last year's big decline was the result of 1. Bre-X, 2. Europe's gold bank sales, 3. bad funding ....

So with all the promo, even a half hour television show coming up, plus the elimination of no money, and the farewell of Bre-X story, it looks on the right track... i hope so, i've accumulated in the six figures
the number of shares with this one !