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Gold/Mining/Energy : Steppe Gold (SPE:V) -- Ignore unavailable to you. Want to Upgrade?


To: tango who wrote (808)3/25/1998 11:26:00 PM
From: Robert Dydo  Read Replies (1) | Respond to of 1248
 
I have no idea what is your point in all of this.
Central Asia is the place that SBL is operating on daily basis. They have done deals in Congo, Russia and in many countries in Africa. They deal in this so called risky environment and I am certain that in Steppe situation they are looking into relation: Steppe and Kazakhstan, with emphasis to Steppe's agreements, licenses, rights and other issues which are affecting this company in this country.
There is no accident that SBL has offered therm sheet to SPE. The political issue is not important at this stage of Steppe financing as this Bank operates in similar conditions in this region.
I was trying to express my view but you obviously never cared what I had to say.
I am invested in this company and I want to talk about it. I don't really care what is your method, trend or how you put food on your table. You bet that $3 on the market represents just that: health of financial situation of particular company. This is a fundamental game not some technical buzz. Either they make it and become first western producer in K or not. This is not even about gold at this point as much about asset base and junior transition from exploration to mining status. Speculative factor of stock trading at 0.30 with possibility to trade at 3 is of course greater than from 3 to 4. This is not a discovery and please do not make such a claim.
The massive jump is irrelevant although it would be appreciated. What shareholders need is a confirmation that SPE will start their business by securing financing, what will happen next is another matter. There is one more thing, you are not neutral, you are too aggressive for that, therefore you often see people in defense when they respond to your wisdom.
Regards



To: tango who wrote (808)3/25/1998 11:46:00 PM
From: brian krause  Read Replies (1) | Respond to of 1248
 
I can appreciate that.

Feel free to post what you feel. I feel that if someone says I can't do something, and I do enough research to find out how it might be done, that I may just be able to accomplish it.

A contrary opinion actually helps!

Is it your opinion that SPE should be lumped in with all the others or does it have it's own legs to stand on?



To: tango who wrote (808)3/26/1998 12:41:00 PM
From: marcos  Respond to of 1248
 
"...why not .... let the cowboys take the super risks..."

tango, maybe there's varying degrees of cowboy in each of us. Myself, I am a fairly conservative investor, mostly TSE 300 stuff and real estate. But TSE 300 threads are unspeakably boring, and while the stocks have been bringing some nice returns, I've always felt the need for something a little more exciting, "crap shoots" as you say, high risk and high reward possibilities. I buy a few and then am encouraged to watch it more closely, if I like what I see I buy more. This strategy was very rewarding in the case of Arequipa, for example. Less so in a number of others, of course -g-

I've been buying more Steppe, but only a little more. Watching, though ...

Good point about this market re wws - it's up a whole penny today on the fantastic volume of 14,000 shares. Goes to show. Re Ballard - I sold it all months ago at 49 and change - figured it had gone about as fur as it could go -g-

Mama, don't let your babies grow up to be cowboys (all the time) .... cheers