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 : Global Platinum & Gold (GPGI) -- Ignore unavailable to you. Want to Upgrade?

To: Scott Wheeler who wrote (8230)	11/5/1998 11:09:00 PM
From: JACK R. SMITH JR.	Read Replies (3) \| Respond to of 14226

Scott, I am experiencing some problems in contacting any thread on SI, could be my problem, since I live so far out in the woods, or SI could have a problem. I feel that we are certainly under pressure from "unknown shorts" as the bid and ask has been 50 x 50 for some time now and that is unprecedented in the history of this stock as I know it. Zeev says that the "uptick rule" applies, but I do not know if that applies in Canada, which is perhaps the shorting if coming from, as it is not legal here. Perhaps it is from somewhere else where it is legal. Perhaps we should ask the SEC to look into it? If this thing works as I expect it to, then the shorts will be eviscerated and castrated in the same stroke of the schimitar, so to speak. My feeling here is that we may have further suffering to endure at the hands of the forces in charge at this time. They may be surpised by our reserve buying power in any furhter decline. The volume today clearly points to an unnatural market force in relation to market price. Volumes of this nature in the past have represented tremendous price moves. What clearly needs to be done and I suspect will be done is to show a constant, even be it small progress with no hype or bullshit toward steady and consistent production. I could care less if it if 5 or 15 tons. We clearly need to solve the environmental restraints, and we should never tell the stockholders that we cannot fix our machinery in a timely manner. If we still have technical problems, I can certainly understand that and perhaps we have to further peel the proverbial onion. What I expect is a supremely honest answer from the company and I wish that to be "understated", rather than overstated. How else will we spread our net of "great demise and anguish and gnashing of teeth" over the "f* shorts"! Just Jack from the backwoods of Arkansas!!