To: jocko who wrote (2208 ) 10/7/1998 10:26:00 PM From: Ronald P. Margraf Sr. Respond to of 2635
Hi Jocko & ALL, Well I don't know if this one will make us all rich but I am sure it will put something in our pockets. Got a call from my broker late yesterday and told be I got a late fill. So now that completes my accumulation.;-) I feel comfident that MIQ & K will bring home the bacon for us. If I might remind everyone here and that is never loose sight of the story. The story is or appears to look/be good and for now that should be worth a hold in itself. I am still holding to the premise that the reason that MIQ is down not because there hasn't been any news as of late, but because there are alot of folks covering their margin calls on the blue chips and they have to come up with some quick cash. Take that in conjuction with the weak gold prices, and the market atmosphare in general, like the VSE down a 1000 points and what do you got.......? Low share prices on almost all Junior (pennies) stock. Correct me if I'm wrong but the TSE is down 1600 pts. Now gold had a nice pop today, up 5.25 and so the TSE followed. Also that we are now into tax lose selling. Folks will loose purposely on a good stock that has good potential if they think it will be at least 31 days before it will recover. So with all these considerations, I think that, if I may say so, patience is the order of the day and frustration, well I can appreciate that. I have that on some of my other ones that I got into at much higher prices. As far as MIQ goes, I consider myself fortune to get in at 15c. I expect a nice ride to the 35-65 level when the results come back in and the P.O.G. starts to recover. Might even see that 1.30 price back.;-) Have a great week if possible, Ron