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Show I I At? 7 OIL & MINING JOURNAL MAY 4, 1970 OB 'S 'Sfexffl? EBsoxsw ?" J -- V A a? Continued from Page 4 ilj ; Dear Mr. Blackburn: h - i liit.l ) ! ( i have several shares of Continental Connector and have been V wondering about them. Can you tell us what to expect in the Jic. future? Will they ever appear listed among Nevada stocks again?-- 1 Please enlighten us. Sincerely, Mrs. Brook We .'is! FINANCIAL LOANS FOR FOR SALE $50,000 to CONCENTRATING EQUIPMENT All new impact $10,000,000 for business, any income property, commercial, industrial, new construction. Also $500,000 & up on first. $150,000 & up on seconds, land too. Write NEMO P.O. Box 2833 Huntridge Station Las Vegas, Nevada 89104. mill' $1595 up. concentrating tables-we- New or t up. Before you dry-$19- 5 Tel: (916) 622-166El Dorado Minerals Engineering. 5205 Green VAIley Rd., Placerville, Calif. 95667. Closed Saturdays. "invest"-investigat- e. 0. INCORPORATE IN NEVADA, Do business anywhere. Resume upon request. No liability and for finance after guidance incorporating at no cost. L.O. Goodman, 304 Princeton St, Las Vegas, Nev. 89107 MAYHEW 1000 Core Rig. mounted, on R 190 International truck with 700 of new 8 Drill Pipe, 358 GD Air compressor and 4x6 mud pump. Phone W.E! Chapman, (806) 495-346Box 97, Post, Texas STOCK BROKERS and 76 URANIUM CLAIMS T26N Interested in R79W Sec. 20,29,32 T26N INVESTORS making money? Why not in R80W Sec. 19, 24, 25,30. saving money? Buy your new Carbon Co. Wyoming, Cougar, P. car, furniture, even food at O. Box 1028 Greenville, Tex. wholesale prices. All brand 75401 names. reputable No company. obligation. For Sale: 10,000 Shares Utah 359-30- 79. Nuclear Mining Stock. Send bids tb "Larry" Rtl Box 239C, Vernal, Utah. Prosperous business located in WANTED Price, Utah. The only one of its kind. Repairing Mine ventilating LEASE OPERATOR Open pit curtains & vent tubing. Wife Scheelite, three miles from must sell due to death cf Stanley V. proposed mill. Write P.O. Box owner-contac- t 11156, Salt Lake City, detailed Litizzetti, 178 So. Main, Helper, Utah information. 2-3- 0, 16-year-o- ld POSITION OPEN for N.A.S.D. registered Representative. Please call for appointment. (801) Continental 521-71- 40. Securities. types and forms II PLACER-A- of precious metals & Cadmium. United Refining Smelting Co., a subsidiary Diversified Industries Inc., P. Box 220, Franklin Park, & O. III. 60131. LETTERED STOCK. FORSALMjMJASE Purchaser, leasor or working agreement Au, Ag, Pd, Zi, U 3 0 8 and W Prospects. Send enquiry letter East-We- st Traders, P. O. Box 2244, Salt HELP WANTED TO SELL Lake City, Utah 84110 SECURITIES Male or Female, For sale or lease one onyx Full or Part Time. Must be of marble quary. Good excessible legal age and available now and roads. Make offer. Call Mr. throughout the summer. Williams or at 298-140- 4 Schooling and Training provided 484-330- 1 B. Mr. J. or write to qualified people. Earnings Russett West Willsims 1445 Unlimited. Please call 225-031- 1 Ave. Salt Lake City, Utah 841 19 Orem, Utah, for appointment 9 A.M. to 5 P.M. 1 e-- d property. Uranium-Coppe- Good Assays. Percentage of in property negotiable. Write P. O. Lightning Mining Corp. Box 5311, Las Vegas, Nevada 89102 or PHONE John C. Maurice 870-3755- ." MINING CONGLOMERATE Nearly $900 million advance royalty paid Alaska for privilege of leasing oil land! $20,000 yearly minimum advance royalty will lease 393 patented acres of mining property in Colorado's Gilpin County, a gold & silver area, or the Congo Chief Silver Mine in Caribou, Colorado. Write Congo Chief Mining Co., Box 309, Nederland, Colorado 80466. lc name nationally distributed product Write Nemo Co., P.O. Box 2833, Huntridge Station, round chick complete with hole spotter and traveling centralizer controls for above DPT Drill Positioners HMT-25Z- A Unit 1 -- 1 -- Model Hydraulic Pump Model L015A Line Oiler Centralizers 2-e- a, Booms JTE Drilling rig on two-to- n Cable Tool Star71 Chev truck. Runs beautifully. Plenty bits, bailers tools. See it at John W. Moore's, Cisco, Utah, or contact EJ. Card, 420 S. 560 E. Orem, Utah (801) 225-23- 59. Do You Want Your Stock Transferred NOW? Manhattan Transfer 359-551- 1 Trancf w agants for: CLASSIC EBONY WYCO Brokors. Undorvjritors. & Mining Companios Wo Understand Your Noods II r Printing & Mailing facilities for Shareholder Reports Prospectuses Financial Statements Stock Certificates Buy, Sell Orders, Etc. tL tt PRINTING & LITHO seeks merger with listed company. Five developed mines. Antimony, silver, rare earths, copper. A non-metall- a brand wproduction units and 1f Bd-- L, Large fund. Purchase and transfer 7 days. T C K Corp. P.O. Box 2833 Huntridge Station Las Vegas, Nev. 89104. for our listing. "Need $ 2,000 for cor rilling p roven r 2 D93J GArdner-Denve- r Drifter Drills with D89-- 7 WILL BUY LISTED concentrates. Also Bismuth ft For Sale or Lease, WANTED of ; I!? SALE-EQUIPM- ENT 347 SOUTH GEIGERS' Scintillators, geophysical and geochemical instrumentation-sales- repairs. , GISCO Broadway, Denver, Colo. Las Vegas, Nevada 89104. (303)325-891- I 4 rentals, Inc. 900 80200.-Tel- : 298-2- 402 2700 WEST Dear Mrs. Brook: .!' The suspension order is a temporary one and in due course you ib will find your Continental Connector shares lifted again. But at what level is anyone s guess. Dear Mr. Blackburn: am very curious why some stocks go up when they have no operations and others, with good prospects, don't move. For example. International Silver has great potential with quicksilver in Battle Mountain, Nevada (evidently no one seems to know this info) roads going in, Ford machinery in the area, two Canadian firms and I.M.E. out of Colorado talking to the man who owns jhe property next door. International Silver has bought out Pacific Flight which now has obtained a bunch of government contracts. They owed $400,000 and now one year later that has been reduced to $60,000. Quite a lot of happenings and the stock still remains 4 cents to 6 cents. Out of this town alone sold over 600,000 shares and still no movement. While a company like Silver West in the same area went from 18 cents to 40 cents in three weeks. I have no intention of publicizing this stock but why is a company with so many things going for it stay as it is? Can the company themselves hold down a stock in order to buy its stock 1 -- back? This piece of property is in the area of the Betty ONeal Mine. There is a 100-to- n processing plant ready to go on this land. Questions, questions, I know, but maybe you can clarify. Thank you. Joe Galiotti, Napa, California. Dear Mr. Galiotti, A company can hold down the price of its stock if it has (or the directors have) a great deal of free trading stock which they sell on the open market. Generally speaking, however, the directors want their stock to go up just a badly as you do, so they would not be sellers. Until the general public recognizes the potential of a stock, it wont move. But when a buying fever hits around the country, youll see a fast appreciation. In the meantime, just wait and let your company go about its business. If they do a good job, and make money for the organization, the public will show interest Jn the stock. Dear Mr. Blackburn: What does "short interest mean. I heard it over the radio and thought Id jot you this postcard. Please do not use my name. Dear Sir: The stock market is one of the few places you can legally sell something that doesn t -- elong to you. Suppose you felt that a certain stock was going to go down because you knew that they lost a big government contract (or for whatever reason). You could call your broker and tell him to sell 100 shares of XYZ even if you did not own it. You, of course, would have to promise your --roker that you would buy it back later and, hopefully, at a lower price. So today you sell at $20.00 a share and, sure enough, it does go down to $10.00. Then you buy it back for a tidy profit. While you were waiting for it to go down you had a short position. Many people make money by selling short and the sum total of all their short positions b called the short interest and thb figure is reported monthly to show the public the entire picture of what b going on in the stock market. THOUGHT FOR THE WEEK: Adversity introduces a man to himself. "IT'S YOUR MONEY" appears weakly in the Rocky Mountain Oi ft Mining Journal If you have a question, write: Richard Blackburn, Las Vegas SUN K0. Box 4275, Las Yews. Nev. 89106 |