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 : International Gold Corp (IGCO) -- Ignore unavailable to you. Want to Upgrade?

To: Chef who wrote (74)	7/28/1998 9:08:00 PM
From: Robert	Read Replies (1) \| Respond to of 405

Heres another "Alertline Song" Intergold Commentary(here we go again) A L E R T N E W S L E T T E R . C O M 7/28/98 =============================================== WHAT'S GOING ON We have learned what has brought about the recent castration in the shares of Intergold(IGCO). A publication in Ontario,Canada, "The Northern Miner" published a story on Intergold. In the story are numerous inaccuracies. But because for the most part market makers are followers by nature, barely intelligent enough not to soil themselves at all times,they have come in and started shorting the stock with a vengeance. Leading up the pack of course is the infamous "I've got a retail ticket" Bobo-- that's actually what they call this guy-- at Meyersohn in New Jersey. You may have noticed a bit of hostility in my writing. You are perceptive, we are all very very angry. WHAT IS BEING DONE Dr. Merhtens has written the Editor of "The Northern Miner" and gone into detail regarding his findings. Most importantly HE HAS ISSUED AN OPEN INVITATION TO ANY QUALIFIED PARTIES IN THE INDUSTRY TO VERIFY THE GOLD OCCURRENCE. He has asked that this be published by the magazine, I guess we will see how honest the publisher and editors of this rag are. In the mean time, drilling is set to begin within 7 days. They still plan to attend the Investment in Mining Conference. I am told the company plans to issue a press release, further they plan to upload their response on the IGCO webpage (check tomorrow). THE STOCK HISTORY The trading of the shares looks very similar to when in early 1997 the stock dropped from $3 to below .40. The stock traded in a range from .40 - .70 for roughly 7 weeks, it then bounced off of .31 lo, and rocketed back up to 1.70 within 2 weeks;it then consolidated for 2 months in the 1.20 - 1.70 range, then retraced to $1 range for about a month before moving into the 1.20 to 1.40 range for a month. BANG back at $3 !!!!! A bit higher...Then. smack, smack,smack, yadda yadda yadda- shorts come back here we go. I am not ever in the habit of applying technical analysis to penny stocks. I would say that this is not the first time we have seen the stock here. I am confident that in time it'll jump again, when it moves it always happens quick and catches everyone off guard. Its not uncommon to see this stock move 100%- 400% in a week or two, this is not hype or BS. It is a reality, look at the trading history or a chart if you don't believe me. It looks like a H--- of an opportunity to us! ====================================================== Robert...