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Gold/Mining/Energy : Pure Gold Minerals (PUG)-TSE -- Ignore unavailable to you. Want to Upgrade?


To: JKNF who wrote (837)10/21/1998 11:27:00 PM
From: Chris K.  Read Replies (2) | Respond to of 1030
 
Hi JKNF,

I do not post often but I always read up on all the ADP threads on a daily basis. This is my point of view (although may be somewhat limited).
I jumped into the Pure Gold wagon a couple of months ago and have tried to average down a little ever since then. I have been, though, disappointed with the way things are going.
--(to Carina: we have never spoken to each other, but people who are close to me have, so you could pay attention)--
I am not happy with the way things are going. I am thankful to JKNF and others who bring up some concepts that may not occur to me at first site.
(1) Refer to post Message 6110075
(2) Question: What has happened to the millions of dollars that were raised a couple of months ago. Why do we need more financing at these levels. There was a share consolidation in order to decrease the number of outstanding shares but slowly and surely we are increasing them and heading to previous levels (VERY NEGATIVE).

I do realize that there are high costs involved with Diamond Exploration but it just seems to be that other companies are doing better than PUG.
- There seems to be a lack of communication between management and shareholders (could it be Ashton who is forcing them to keep their mouths shut!?).
- There seems to be some preferential treatment going on (not only referring to the extension of the warrants).
- There seems to be something "weird" (for a lack of a better term) going on.

All this to say that I still support PUG and I believe that it will go up in time but I think they have to show that they are distinct and better than all other ADP companies otherwise the interest (and the $$$) will go to them and not to us.

That's my two cents worth,
Chris K