OTCPK:NOSOF - Post by User
Comment by
elk121on Aug 30, 2007 5:30pm
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Post# 13324862
RE: Whatever shall I do???/Herb
RE: Whatever shall I do???/HerbA word of advice for whatever it is worth.
The JBL play is not new. SPQ/KWG were drilling for diamonds with DeBeers and hit an 8% copper hole. The promotion was on and their PR guy(Voisin) got a bit carried away with the euphoria.
They drilled the sh-t out of the surrounding area but found nothing but did get others involved such as PRB,NOT,BMK,UC.I wonder how??
SPQ/KWG shareprice dropped from about 30 cents to under 5 cents but not before insiders sold their cheap options/warrants at a premium price.
The drilling was organized by Billekin and Billekin means Novak and Brewster.
Check out their connections to the other companies and Lo and Behold Billekin is also managing the new program.
I have given up on SPQ due to their nepotism but hold KWG for their diamonds.
Investor beware in my opinion.
It will be very interesting to see if insiders exercise options and sell. They certainly don't own shares and few have ever bought.
I likely hold as many shares as most insiders but unfortunately don't hold the free options.