Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : ICVI (now MTEI) -- Ignore unavailable to you. Want to Upgrade?

To: DavidCG who wrote (11223)	6/10/1998 11:52:00 AM
From: Lee Walsh	Respond to of 11850

We are basically at record lows for ALL Commodities...boy do I know that because I have traded them. But I learned long ago from a wise old investor who made a fortune.... If you want to make money, buy when everyone else is selling, and sell when everyone else is buying. Commodities are low prices basically because of what I call the "deflation myth"....This is like a cork on a bottle of hot DR. Pepper....when it blows, you better look out. IMO. Lee

To: DavidCG who wrote (11223)	6/10/1998 12:00:00 PM
From: Moonglow	Respond to of 11850

Hey DAVID!!! Thanks for pointing out for me that we are at RECORD lows!!! I knew we were at lows...but didn't know we were that low! And YOU ARE RIGHT!!!! IF IT COSTS MORE TO EXTRACT THEN WHAT THERE IS IN THE GROUND....THERE IS NOTHING OF VALUE!!! So....Isn't it GREAT that I found out through talking with independent sources that today we KNOW IN ADVANCE approximately how much these reserves will cost to get out! So....since the technology exists to let us know that....doesn't it stand to reason that any company getting involved in this field would only deal with properties that are expected to be profitable??? Also, didn't I read where Bob stated that these reserve figures are estimated at their NET value???? Meaning AFTER the cost of extraction is taken into consideration????? Bob, if you are here....can you please comment? Is the information I gleaned from the President of that West Virginia company that I visited accurate from your point of view? And did I interpret your net value comment correctly? Thanks!!! Juanita