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Gold/Mining/Energy : L S Capital / Griffin Gold (OTC:BB CHIP) -- Ignore unavailable to you. Want to Upgrade?


To: Richard Mazzarella who wrote (3164)12/10/1998 1:30:00 AM
From: Larry Brubaker  Read Replies (1) | Respond to of 3594
 
Richard: Now why would they drop a project that they just got through acquiring the rights to? They have barely begun to hype this property <VBG>.

From my skeptic's point of view, its hard to imagine there is any value to this property given that the only consideration given for it was CHIP shares.

Anybody heard anything about the results of CHIP's $5,000 foray into the internet biz?




To: Richard Mazzarella who wrote (3164)12/11/1998 1:19:00 PM
From: W.F. Schwertley  Respond to of 3594
 
Richard,

I agree with most of what you have to say about CHIP, especially the 'PIG' part. But I doubt CHIP sees any promise in this project, except for perhaps as a way to temporally increase share price. Let's face it, this project is the only story they have left. It is unlikely they have enough money to create another story book project. As for the partners, perhaps they actually had scruples and could no longer live with CHIP.

Anyway, if they strike lots of gold, I'll be out once and for all. I expect CHIP to be dumping just as fast as me.

WFS



To: Richard Mazzarella who wrote (3164)12/18/1998 1:34:00 PM
From: Alan Vennix  Read Replies (2) | Respond to of 3594
 
Looks like "someone" is still trying to drive the price down. After a reasonably sized buy at 0.065, there was a sell of 100 shares at the bid of 0.05. Appears to be an effort to keep the "last price" at the low end as opposed to a $5 tax-loss sell of only 100 shares, IMO.

Alan

PS - The 200 share sell of MGAU this morning at 0.32 at least netted the seller $64 (before commission), a bit more reasonable but also possibly some manipulation.