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 : Nuinsco Resources (NWI) -- Ignore unavailable to you. Want to Upgrade?

To: Tom Cat who wrote (2027)	3/21/1999 10:42:00 AM
From: Gary Nash	Read Replies (1) \| Respond to of 5821

TC: Youre'in this play. Remember that FM has a lot of paper to cover to roughly break even and make some profit. Otherwise, why would anyone ever finance a junior exploration-they usually come up dry. So the financiers have to cover before things get along to far. Look at ANY play and you will always see the pattern of selling by the financiers as the stock heats up. This is CLOSE to being over at this point. The time and sales records prove that if anyone cares to do an analysis. But I agree, it is frustrating to see it happen and watch your portfolio loose value. Just remember why you want to own it at the time and keep revising your strategy; tough job sometimes and takes some "balls" but that is the only way to make money with these juniors. Leaks? What we are seeing is an un-written understanding up front between the junior and the financier as to the time frame the big boys can have a chance to cover; a little "slimy" but understood in the industry.