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 : New Claymore Resources -- Ignore unavailable to you. Want to Upgrade?

To: Famularo who wrote (358)	10/26/1998 10:15:00 PM
From: FRANK KENDRICK	Read Replies (2) \| Respond to of 531

Hi Gang, This was posted on the Montello site talk forum: From: Davet (mailexcite.com), Sun Oct 25, 98, 9:47:35 AM Subject: Silicon Investor & New Claymore, Message 266 If one of you can post on Silicon Investor, could you inform posters on that thread of this one so that we can have their input. I just read the Financial Report for NCS, it has almost 50 cents a share in cash and securities as well as a prime land position and yet trades at 70 cents, I cannot understand how even in a market like this people can pass up such a good deal. I note that the annual report does not mention activity on its Figaro property, does anyone have information on this property? <end> Any comments on this????? My comments: I like the way NCS has gone about managing its business. They have gotten large masses of land and let others pay for the exploration on them. They are not liquid ( the float was approximately 800,000 shares plus the last shares issued with a lot of those shares held by friends). They would do a financing (IMO) if the stock reached a certain price. It is my understanding, they want to drill the Figaro property themselves. I own shares in this company and like it as a long term investment. I feel the knowledge gained with the association with EVR/MEO will benefit them. See you in the Bahamas!!! Frank K