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Gold/Mining/Energy : The VANCOUVER IT PORTFOLIO INDEX

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To: MarcG who wrote (15)4/2/1998 4:01:00 PM
From: Kerry S. Nelson   of 53
 
Hello:

Yes...I have been following GPW since it went public last year. I rode a wave similar to the one over the past couple of weeks. I bought at $4 CN last fall and sold a week later at $8.65 CN. I almost bought in again last month when it was at $4, but I bought something else. In my opinion, I think it will probably pull back down again before it runs up to this level. It fluctuates a lot and as soon as the news dries up, the price will likely drop back down again. I have noticed that their news comes in spurts, so we'll have a bunch of releases in a row and then nothing for a while. Overall I think it is a really good stock, especially good for riding the waves. I consider it a buy at $4 and a sell at $8. I'll probably get in again and these are the prices I'll shoot for. Until they break the $9 barrier, I think it will probably fall into this pattern. Let me know your thoughts/ideas on this one.

Cheers.

Kerry
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