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.

Gold/Mining/Energy : Rock Resources -- Ignore unavailable to you. Want to Upgrade?

To: tupac who wrote (131)	6/24/1998 7:25:00 AM
From: Mr Metals	Read Replies (1) \| Respond to of 1996

Since I'm not a registered broker, I cannot tell you to buy or sell a stock. I own RKR in the 50s and I am not selling. I have no other comments to make at this point. Expect the Chief to answer some of your concerns:-) MM

To: tupac who wrote (131)	6/24/1998 8:55:00 AM
From: the Chief	Respond to of 1996

Hi Tupac. I always believe that "comfort level" has a lot to do with buying securities. We are suffering two effects right now; 1) Embarking on a big project with Minerals in the toilet,and; 2) With Minerals in the toilet we are embarking on a big project. You said: I talked to my broker yesterday (she knows Tom Kennedy well) and she was quite frustrated with the current level that it is trading at. I think I would talk to that broker again to find out "why" she is "frustrated" with the current price! If she is frustrated because she believes the price should be higher, then just chalk-up the weakness to a poor market, and assume that the market will recover, and theoretically the the stock should recover. If she is frustrated because things aren't "panning out" I think I would question what she believes "should" have happened by now. IMHO I hold "many" shares. I am not losing any sleep. Not because I am happy with the present price, but because we really are in the infancy stage of this drill program. If we were to find that the drill holes presently drilled didn't turn up anything more than "good indicators", it still wouldn't worry me! I have been part of some early stage drilling on a number of projects 90% of them turned up dust in the first groups of drill holes. Thats because as much as we like to rely on technology, IP, Geophysical studies, etc. etc. the company is still "looking" for a deposit. (Which as it implies, they don't know exactly where the deposit is) The "dusty" holes however start to put together a geological map of the property and through proper interpretation can help you locate what you are looking for. You said:So my question to all of you -is - Do you think that this company is worth holding on to -or should I get rid of these shares and move on to the next mineral find??? Like MM I am not a broker so would not recommend anything to you in that regard. I have a "gutometer", that is too say, if I can't sleep at night, am worried about my investment, don't feel comfortable then I sell, even if the stock was Microsoft. If I can be more vague and noncommital, don't hesitate to ask!!! the Chief

To: tupac who wrote (131)	6/24/1998 7:36:00 PM
From: Fungi	Read Replies (1) \| Respond to of 1996

Tupac, I too am not advocating that you either sell or keep your shares, however I do have one piece of advice which I am sure you already know, but it bears repeating. If you are starting to get nervous about the share price, set a stop-loss point based on whatever criteria you think make sense and stick to it. The chances that you will sell only to have the stock skyrocket leaving you behind are pretty small compared with the the number of times you will thank yourself for getting out(and maybe getting back in at bottom feeding prices). Just ask the people on the Fairmile(fla) thread if they wished that they had sold their $5.00 shares for $4.50 instead of hanging on till now ($0.09). Anyway, I am still very excited about this company, and I am still accumulating shares when I can, and I expect to be handsomely rewarded some day for my patience.