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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 (3311)5/25/1999 3:00:00 PM
From: Tom Frederick  Read Replies (1) | Respond to of 3594
 
Richard, A very liberal reading of that post indeed. Forgive me, but I don't read that there is any interest in anything other than to "curtail any activity" at those sites. "exchanging interests for..." could mean anything. It could be a fire sale, someone looking for a good crop of cactus, a landing strip outside of Vegas, who knows. But with CHIP working very hard at getting out of those properties, it would seem to say that they are throwing in the towel.

I never looked at them as being serious about the DD opportunity other than to ride the coat tails of the other properties. They never got a plant running, had only minimal testing done and promoted the heck out of the fact that they were just like the FL property. Their biggest price runs that I can remember mirrored good assays out of FL.

The only recent serious run on the price had to do with some legal issues being resolved over some gaming rights.

Anyone who is going to make money at the DD's will do it with lots of sweat and blood. Only those with the wherewithall to unlock the key pursuing every angle from the chemistry to the physics of these complex ores will be rewarded. And only the shareholders who hang in till the key goes into that lock will be rewarded as well.

However, we still don't know what that key will unlock. Hopefully, with Great Lakes now working on the front lines with us..for free...we have a better chance than ever to bring this to a successful conclusion.

Tom F.