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Re: Stock Analyzer post# 3091

Tuesday, 04/12/2005 10:13:08 AM

Tuesday, April 12, 2005 10:13:08 AM

Post# of 10162
I liked the prospects of the company over a year ago, however, most of the information provided by the company was either bought(Scout document), or was released in very vague press releases. So, my investment instantly became dead money and proceded down the path of a tax write off.

The filing which I found was from a random google search. Edgar had nothing about the release. Most of the other information I have provided in my previous posts - were from the Nevada and Arizona state websites.

The "Who Owns the West" website was very informative in providing information on the Homestead claims. I was concerned when I discovered that Delta did not hold the claim, but their subsidiary Britt Minerals did. The rest of the story is in the filing.

As to whether or not I would put my money in this company - the risks are obvious - and their ability to communicate with their shareholders is substandard at best.

Charting pinkies isn't something I would recomend to anyone - pinkies move on rumors and news(and not necessarilly in that order).

Throw out the charts, and watch for news.

Be careful with this one.




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