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Gold/Mining/Energy : Geodex Resources - GXM.V (was Agate Bay ABE)
GXM 0.130+4.0%Nov 3 5:00 PM EST

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To: Baywall who wrote (185)11/15/1999 8:29:00 PM
From: E. Charters  Read Replies (1) of 210
 
Now, now, Leon, you know that is no way to look at it.

1. First of all I don't pick winner to gain readership.

I pick losers, and the bigger the better.

a. Bre-X,

b. International Precious Metals,

c. Crystallex,

d. Gitennes,

e. Gold

f. Canadian Resources Market.

Can you do better than that? Fess up.

2. Now with Geodex, of course an orebody exists. That is why they are being so quiet. They are just manoeuvering to pick up the stock. We know their tricks.

3. The outcrop extends as far as your gullibility will allow it, to facilitate your spending of money. It ends where you are overmargined on friday night and your cell phone battery tanks as your car gets a flat tire on a rural road. News out monday.

4. Orebodies is fifty-fifty. Either they are there or they ain't. Toss your coin and get on the bus.

5. Of course if you actually find a mine there are several choices a through f:

a. You get ripped off (Likely)

b. You can't finance it. (very likely)

c. You get it in production, the metal price or stock tanks and you lose money. (happens all the time)

d. You sell all your stock as the drill program winds down and go on a vacation. When you come back they are asking you "did you ever hear of HEMLO?"

e. You decide the stock has to go nowhere as the Uranium/Diamond/copper/Vanadium/tunsten cartel controls the market and the big boys won't let them play. Every day the stock price rises 24 cents as each day you expect it to fall again. It does this for one year. Life, they say, is actually slow death.

f. The company has just drilled 100 feet of 3.5 % nickel and nobody buys the stock for two months. Your broker tells you it is only one hole and insignificant as they cannot mine nickel profitably in remote locations like Labrador. You believe him.

Let me know what happens on the drilling. I will tell you what they hit by the price of the stock.

EC<:-}
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