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Gold/Mining/Energy : Chesbar Resources- CBI Montreal -- Ignore unavailable to you. Want to Upgrade?


To: Physic who wrote (956)6/11/1999 9:03:00 AM
From: Enigma  Respond to of 980
 
If you've been following Stockhouse or reading the releases you will see that they are now drilling in Ve and doing work on the large nickel deposit in Guatemala, in which they will finish up with a 70% interest, in a huge deposit. I don't know what else the company can say at this point. The stock exchange has restrictions about what can be said about tonnage, etc., hopefully much more can be revealed when the $300,000 is spent. In terms of underlying value the company is worth a lot more now than previously - but it's a slow process. d



To: Physic who wrote (956)6/11/1999 10:08:00 AM
From: George Castilarin  Respond to of 980
 
Without using too much imagination the guatemala Nickel property could turn into a flagship asset for this outfit.



To: Physic who wrote (956)6/11/1999 10:16:00 AM
From: Syncrude  Read Replies (1) | Respond to of 980
 
If you are a shareholder in this company and have any experience at all with speculative mining stocks, then you should understand that the POG situation is impacting MOST stocks whether gold oriented or not. Technology and pseudo-technology stocks are in favor at the moment.

As well, CBI is at an early stage of its gold drilling program and the Ni project is still too early to convince investors that there is a lot of value there.

Again, IF as you say, you have invested a lot of money in this stock, then I can't figure out that you would not have come to these conclusions on your own.

IF you are looking for reassurance (we all need it from time to time) then I think no one can do that. You need to revisit your reasons for buying and if they are still present, ride it out perhaps.

You complain about the lack of promotion. Reality is that if they spent money promoting the stock to day traders, it would be money poorly spent. The market is not receptive to penny mining stocks. Better to use their funds for their business.

IF you really really want reassurance, call the company, rather than relying on anonymous Internet discussion groups.