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Strategies & Market Trends : Strictly: Drilling II

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To: gold$10k who wrote (925)8/31/2001 9:12:56 AM
From: Frank Pembleton  Read Replies (1) of 36161
 
VT, is possible to do TA on a stock that traded only 9000 shares? I do agree with breaking through the $1.00 mark, from my own tape reading experiences this stock is acting much different than before.

I also found a story this morning that affects MAE.

Regards
Frank P.

Mine cleanup race against time

Bryant Avery, Journal Business Writer
The Edmonton Journal

Officials in the Northwest Territories are in a nasty race against time to clean up a cyanide-laced tailings pond before it overflows its banks -- perhaps as early as 2006.

The Colomac gold-mine pond -- equivalent in size to 2,184 Kinsmen Olympic pools -- is a lethal mess left behind by bankrupt Royal Oak Mines in 1999.

Located 210 km north of Yellowknife, the pond contains cyanide used in gold processing, plus heavy metals. In area, it covers 48.1 hectares, which is equivalent to the land occupied by West Edmonton Mall.

Rain and spring runoff feed the pond, raising its level and causing seepage, said Carole Mills, manager for the Contaminated Sites division of the federal Department of Indian Affairs and Northern Development.

When Royal Oak disappeared, DIAND became responsible for the cleanup of both Colomac and the Giant mine, where there are 260,000 tonnes of toxic arsenic trioxide temporarily stored deep within the ground.

edmontonjournal.com
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