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Gold/Mining/Energy : Bearcat (BEA-C) & Stampede (STF-C)

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To: joe sax who wrote (2204)7/18/2001 10:20:14 PM
From: Keith Minler  Read Replies (1) of 2306
 
The selling by Peters is quite interesting, the crowd over at Stockhouse are going nuts with conspiracy theories and I expect Fox Mulder to start posting there soon.
But as several posters have pointed out their is no really plausible explanation for the selling, they have sold nearly half a million shares in the last ten days. Either they know something we don't or someone is making a major blunder.

The latest rumour is that the test will end friday and results will be out ???? After market close???

One unlikely scenario is that the market has already priced in all the good news and there will not be a runnup with the announcement. And Peters is just selling before news(Sell on news buy on rumour).

I can't believe that; with the numbers being kicked around; they could have a year end exit of 6000 BOED, which in my humble opinion agrees with Dales upper limit of $2 for the Bear.

In any event the story unfolds and I'm going to start serious negotiations for the movie rights<G>.

Later

Keith
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