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 : L S Capital / Griffin Gold (OTC:BB CHIP) -- Ignore unavailable to you. Want to Upgrade?

To: Char who wrote (3026)	10/4/1998 1:42:00 AM
From: Larry Brubaker	Read Replies (2) \| Respond to of 3594

<<I have never seen you write anything positive about anything. You sure must lead a sad life.>> Two years ago, I was as enthusiastic about the dirts as anybody. Since then, not one of these companies has kept a single promise it made. And they've made plenty of them. At least one was an outright scam, and I reserve judgement on the others. Meanwhile, their share prices have gone something like this: CHIP....$2+ to .08. DELGF...$30+ to 0. IPMCF...$14 to <.01 MXAM...$3 to .15 GPGI...$5 to .33 NAXOF..$10 to .50 Remember when CHIP made a big deal about getting into the internet business? Did you notice from the 10-K that their investment in the internet business was all of $5,000? The PR hyping this wonderful investment probably cost more than the total amount they invested in this venture. Remember the goofy deal of about a year or so ago when CHIP was somehow going to make money by storing somebody else's ore in a warehouse? Remember last spring when CHIP managed to get the stock price to about 50 cents for a couple of hours by issuing a PR about a favorable ruling in a lawsuit? The same day the purchasers of their private placement at about 10 cents converted and unloaded their shares? Seems to me the only ones making money off these stocks are the owners paying themselves fat salaries (while diluting the stock to raise the money to pay themselves), investors in the private placements, and shorts. Or any combination of the above. So don't get me started. I could go on and on. You may think its sad that I have nothing positive to say about these companies. I'd call it realistic.