Mining Tout Results in Irate Phone Calls to Jodys Travel
Aug 27, 2004 (financialwire.net via COMTEX) -- (FinancialWire) Someone appears to have paid "Prospector Alert" a whopping $50,000 to send out faxed "Investors Alert!! GOLD, GOLD, GOLD" touts for Juina Mining (OTC: GEMM), but whatever the fax broadcaster received or from whom did not seem to be enough to finance a real phone number for irate recipients to have themselves taken off the list.
The fax says that controlling interest in Juina has been acquired by US Canadian Minerals (OTCBB: UCAD), which it said "has been on a tear since June, going from $1.35 to over $5." Earlier in August, CMKM Diamonds (OTC: CMKX), which is a favorite of Stock Patrol (www.stockpatrol.com) for its 500 billion shares, a world record number of shares outstanding, said it intends to distribute 95,502,027 of Juina Mining Corp. to its shareholders on October 1 as a dividend.
The 800 number given to "be removed immediately from the database" was missing a digit, leaving Jody Donnelly at Jodys Travel to field hundreds of calls from people wanting to be off the fax list, which she pointed out is "at my expense," not to mention the time and aggravation involved.
The fax broadcast said that the company, which trades at $0.028, has a one month target price of $0.50. The company traded at $0.20 in mid-2002 and spiked at $0.16 in late March, 2004.
It didn't say who the "analyst" is or the location of the report, who paid the $50,000, or the qualifications of the "analyst.
Donnelly just wants her phone number off the faxes and out of the mix.