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Re: wise_investor post# 40084

Sunday, 07/08/2007 5:56:28 PM

Sunday, July 08, 2007 5:56:28 PM

Post# of 56764
FMNJ has a gazillion shares and I dont see anyone running for cover, at least not yet. Lots of whinning though...

lol, I see they haven't updated their o/s figure since January 2006. Not good. There're probably many, many billions of shares out there by now. Chart looks as if they were pumped bigtime back at the beginning of this year, and it's been downhill all the way since then.

But a lot of these mining plays hang around forever. Look at MDMN.

Mining--if you actually plan to do it right--requires a good deal of capital. PAIM doesn't have that. It seems to me that they're squandering what resources they have by doing a little work here, a little work there. And what about PROL? What's its purpose? I don't see any. You don't just create a successful oil and/or alternative energy company instantly, from nothing.
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