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Gold/Mining/Energy : Spider Resources - SPQ.ASE -- Ignore unavailable to you. Want to Upgrade?


To: G who wrote (351)4/17/1998 11:46:00 AM
From: Barry  Respond to of 471
 
hi g,

I'm not holding my breath on spider but can you please explain how you equate the dealings of Debeers/SouthernEra to Spider ???

regards
barry



To: G who wrote (351)4/17/1998 3:11:00 PM
From: bill  Respond to of 471
 
Well, maybe. In this game, you're not out until you're out.
I had one stock go from 11 cents to 1 1/2 cents. Company looked
like it was nothing but a shell. They got it together. We suffered
from a 1 for 16 consolidation but today as I watch the screen I
see it is now 2.90 cents and moving higher. When it was 20 cents
per consolidated share, you could barely give it away. Admittedly,
some other have gone to wherever delisted stocks go.

Biggest concern is management. The company still has two good
stories. They need someone who can do something with them.



To: G who wrote (351)4/17/1998 8:04:00 PM
From: Valuepro  Read Replies (1) | Respond to of 471
 
As I'm into Spider with "pocket change," I'm inclined to let my bet ride. The comparison is putting a quarter in a slot machine as you happen to walk by. ...no big deal if you loose.

As for SUF, this is the best buying opportunity in nearly two years. If they loose the Marsfontein Farm, they are still on track to become one of the elites in diamond mining. The stock has been oversold in the last few months, and I don't see how in can go any lower (unless other claim disputes happen to arise in the Klipspringer Project Area).

ValuePro

ValuePro