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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme -- Ignore unavailable to you. Want to Upgrade?


To: Andrew H who wrote (2)5/22/1998 10:29:00 PM
From: Jon  Read Replies (2) | Respond to of 8798
 
To all, ( of the two of you )

I posted a question on " MINE" thread and could not get an answer.
I have been involved in mining exploration for many years and many countries. And all the properties I ahve been involved with had to have drilling done to verify tonnage and grade.
I have not seen one property yet in all my time in mining that has not been drilled to make sure the correct estimates are done.

Now, if I have missed the reason why Golden Eagle did not drill,
then I would sure appreciate if somebody could enlighten me as to why they have not.

I like what I see but it worries me when they make estimates of such high tonnage and grade on 718 sample sites and 2900 samples.

Thank you whoever could answer this for me

Sincerely yours Sveen.



To: Andrew H who wrote (2)5/22/1998 10:43:00 PM
From: JEB  Read Replies (1) | Respond to of 8798
 
Andrew,
I have been in mine since Joe 1st recommended it at .13 (where I bought in).

There is a strange feeling I have with this stock that I also had with IFLY.

Big money seems to be getting wary of the current stock prices. Speculative stocks seem to be the current choice for more and more investors. Not so much the long term stocks anymore. Gold stocks are quietly creeping up. Big money (my guess is it's finding its way there.)

MINE is a tiny speculative play. But, MINE has a report that makes it the owner of a large claim. That makes this company both a speculative play and safe harbor play in one stock.

Also, the SEC has been watching over this companies shoulder ever since the problems with the previous management. They are crossing their T's and dotting their I's. So the SEC would not let them get away with a BS report for very long. That is better security than one can find with any other penny stock! Makes it more attractive for the big money.

I think this stock will drop on Tuesday morning and recover for a nice little gain by the end of the day. I think the following days will be successive gains until the next report. After that report, it will explode. The Bre-X affair will make all potential investors with big money cautious but still curious and they will be checking out this company next week.

These are all just my opinions and should be treated as such.

JEB