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 : BLUE DESERT MINING, BDE-ASE -- Ignore unavailable to you. Want to Upgrade?

To: CLK who wrote (526)	8/7/1998 3:05:00 PM
From: Ron Hardy	Read Replies (1) \| Respond to of 673

Hello CLK, After considering your question I have to ask why you would ask this? The whole point of investing in Jnr Exploration is your leverage of return. It will be pretty much double what a major/bigger company would give. For example, Romarco is trading at about $2. There high is $6 (so if they hit you would expect perhaps to triple). BDE is about $0.17 - Its high is $0.75 (six times!). Not to mention its cheaper to get into Jnrs... Look to post 516 for more about Jnrs... www3.techstocks.com If you also look to the fact that BDE is getting essentially a free ride from this. They have 25% interest in this property, and they don't have to spend any money exploring it. If Romarco hits, then BDE gets the same gain without the expenditure. This is of course more of an art then a science as far as returns and such go - but personally I think thats _why_ people invest in those sorts of things in the first place. Ron