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Gold/Mining/Energy : Golden Raven Resources Ltd (GVN) -- Ignore unavailable to you. Want to Upgrade?

To: Ronald P. Margraf Sr. who wrote (3052)	10/27/1998 10:49:00 PM
From: G Young	Read Replies (1) \| Respond to of 3155

Let's face it. If you're a promo-oriented stock that freely issues stock options to company insiders you have a much better chance of attracting new buyers if you have 3.4 million shares out trading at around 20 cents than the current situation of 24.1 million shares out and a share price of 3 cents. I had been advocating playing the bounces on CYJ but I can't see any more up bounces with this 7:1 share consolidation. Everyone knows (esp. in this market) the trend is for share price to go down after a consolidation.

To: Ronald P. Margraf Sr. who wrote (3052)	10/30/1998 11:32:00 AM
From: Bruno Costantini	Respond to of 3155

i totally agree with your logic ronald.this is the only spec stock i own.my other holdings are strictly blue chip stocks.

To: Ronald P. Margraf Sr. who wrote (3052)	10/30/1998 4:57:00 PM
From: Roman S.	Read Replies (1) \| Respond to of 3155

So Ron what are your suggestions for penny stock picks? I see your responses all over these links. Do you make money with penny stocks? I know the odds are 10% or LESS. Yet I own about 10 penny stocks,all which were supposedly going to go through the roof, yet all are far down from where I bought them. My strongest stock yet is still SYD, Sideware Systems. Please don't make excuses for these companies, if they want our money, we want answers or updates.....or by my prediction there will eventually only be shortsellers left in the VSE and ASE....not much fun for them by then. I have lost upwards of $10,000 on paper mostly in only the last 4 years, I know the odds, I just don't like hearing half the truth. I will stick it out with most of my picks, I use my own resources to buy stocks, brokers aren't much help ith the penny stocks, this I know. Hope we all find the big strike one day, for now my smart money is in bank stocks. R.S.