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Gold/Mining/Energy : Gammon Lake Resources GAM-TSE

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To: Claude Cormier who wrote (77)5/7/2000 11:43:00 PM
From: Buckey   of 116
 
Claude - No I dont have a whole lot of details but the $6.7- price with 20 MM outstanding seems too high but I am weak at resousce calculations.

I have done some TA on it and I see a weakening but the folks on SH are convinced that a takoevr is already on the table and they have been hinting at a 15020 price since about nmid february.

I am not buying in at thi sprice nor at anyprice with some sort of technical sign.

I doubt I will ever be back in this one - I will go chase a penny stock looking for a mine.

as you know for now I will play PFN through its ups and downs
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