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Gold/Mining/Energy : Alta Gold
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To: posthumousone who wrote (230)9/1/1997 7:58:00 PM
From: mike h   of 749
 
I understood that the 338 was a minimum, they are locked in to a range
up to 395 if my memory serves me right. Those terms sounded good to me
at the time however short interest is up 65% in the last reporting
period. Why would people be shorting at this price? I am hoping for
a break to 1.75 to average down but I sure would'nt bet on it getting
there. If it does I expect only an intraday spike and I'm sure that
I will miss it.

Mike H
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