Re: Response from Brent Cook to my recent query
in response to
by
posted on
Nov 28, 2010 04:21PM
New Discovery Resulting in a 20KM Mineralized Gold Belt
Well, Cook also has suggested MRZ, and that's up 2200%. XAU is up 409% and KAM is up 795%.
By mentioning FOS you've shown you're uninformed. It's a cash play - their cash in the bank is worth 40 cents/share, so he suggests buying it whenever it gets below that, knowing it won't go down, and suspecting that someday they'll restart operations. BTW, it also says on his site that he reccied it at .36 and now it's at .56, so I guess you're just getting your numbers from StockChase.com.
FCV is still in play, and from the way people are driving up the price right now, that can still be a 10-bagger. Drill results are coming. If you want, compare it to the people who were plugging GNH at 90 cents in the media - except that FCV actually generates drill results. :-)
Basically, don't go by the picks you can find listed at StockChase.com. Obviously he's not handing out choice subscriber picks on BNN.
And if he's saying you should read the 43-101 report, then he's already read it... or at least glossed over it slow enough to find out what he was looking for.