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Gold/Mining/Energy : L S Capital / Griffin Gold (OTC:BB CHIP) -- Ignore unavailable to you. Want to Upgrade?

To: Lee N who wrote (2776)	4/16/1998 11:34:00 PM
From: Alan Vennix	Respond to of 3594

<<I may dump and move on unless someone can convince me otherwise.>> I expect that you need to convince yourself of what to do, Lee, rather than having someone else convince you. Don't know how much you really know about CHIP but they have several "irons in the fire", with no guarantee that any of them will prove out. They have had some California property for 1 1/2 years that they are still trying to prove out for gold and other precious metals. More recently, they entered into an agreement to acquire some property in Arizona which has gold and silver potential (and maybe other metals/elements.) This is still to be proven, also. If any of these hits, the stock could go back to it's previous levels of $1+ and above, dependent on the quantities of metals and how easy (cheap) they are to extract. If none of these pan out, the stock probably has the value of a used poker chip. FWIW, I believe there is significant upward potential to justify the current risk, but you need to make your own decision in that regard. Good luck. Alan