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Gold/Mining/Energy : Golden Raven Resources Ltd (GVN)

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To: Luisa G. who wrote (2426)7/23/1997 1:17:00 AM
From: Russell Gish   of 3155
 
Any responses appreciated......

Let's consider it's been approximately 100 trading days since the 52 week high. And let's be conservative and say average trading volume for those last 100 days is 100,000 shares/day. By my calculation that comes out to 10,000,000 shares traded. If there is roughly 25M shares outstanding wouldn't you assume that if this was really a bum stock that the turnover would be much greater than 40%.
I'm not advocating averaging down, but I am suggesting that IMHO we have not been scammed. I'm sure the pros know that CYJ needs some more money soon and the scoundrels are willing to ante up at THEIR price. How low they can get it I don't know, but I'm confident Mr. McKee will do his best in the interest of the current shareholders to maintain our confidence.

Good Luck,
Russell

P.S. Ward, congrats on sizing me up. I have to admit though I'm not good at comedy. Just trying to humor you!!!!!! Would appreciate it if you could provide some more meat and potatoes regarding your convictions. I've got two ears - one for good news the other for bad news. Thanx
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