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Gold/Mining/Energy : Black Swan -- Ignore unavailable to you. Want to Upgrade?


To: Steve Johnston who wrote (3033)5/13/1998 7:01:00 AM
From: SARMAN  Read Replies (3) | Respond to of 3186
 
To all

The Swan is dead. I am doing you a favor. Dump that stock, there is no hope for it.
Read the thread, we were so bloody hopeful that most of us held the damn stock until it
is worthless. No matter how much money the company has in the bank, if there is no
income it is worthless, especially with Arty Farty on the helm. Remember people, Art
and his gang do the mining for a living. They hype the stock for us poor sucker to buy.
If any of you has any doubts, look at this scenario. A company with 5 rigs on a mining
site that started digging in September 1995 the stock was worth $0.25 - 0.3. In April
1996 the stock makes a run to $1.2 on news than back down to $0.60. Than in May
the stock makes another run to 1.8 on news. The company started negotiations with
Gig. the stock started to go down. IR. said at the time big news coming, buy more. At
this forum, we were so exited that we refused to believe that this was a scam. The
stock reversed split, the company found more suckers to sell more share. The stock is
worth $0.06 pre-reverse split. That means the share holder was better off before April
1996. Although the company now owns 50% of so called properties.

To concluded The company needs new management that looks after shareholders not
insiders. To add to the irony the five rigs and the expensive geologists that supposedly
are working on the properties are not producing any fucking work. Because there is
nothing coming out of the damn company. These are facts.

Abdul