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Microcap & Penny Stocks : Sanctuary Woods recent sale, should you own the stock?

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To: Carmen who wrote (168)3/28/1997 11:29:00 PM
From: Chris St Amour   of 341
 
Carmen: Thanks for your posts! I agree that Sanctuary Woods has come a long ways in the last 12 months. Hopefully, things will get better for all of us in the coming months. The company fundamentals are improving although the share price does not reflect this yet.

Since I already doubled up at $0.22, I will probably not take advantage of the Rights Offering. Fortunately, my average has improved to $1.38 and if the company fundamentals continue to improve I'll add to my position - I'm not shy. I am reasonably confident that Sanctuary Woods will surprise the market and its shareholders.

For all of us long suffering shareholders, I suggest a careful reading of the latest Form 10-Q Quarterly Report and a periodic call to their Investor Relations for a one-on-one update. It's easy, just pick up the phone and dial 1-415-286-6000. Go ahead, give it a try.....

Regards, Chris...
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