Solv Ex (SOLVD) Message Board

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Gold/Mining/Energy : Solv Ex (SOLVD)

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To: Janez Lomshek who wrote (2808)	5/9/1997 11:08:00 AM
From: David Coakley	of 6735

All: The shorts have a huge amount of profits in their SOLV short positions and they're not going to rollover and play dead. What we've witnessed over the past couple of days is blatant manipulation. They "shake the apple tree" and grab whatever shares are sold so they can cover. There would be a major problem covering their positions should SOLV announce anyone of a number of positive developments we've been waiting for. The SEC has been negligent and should be held accountable for the inaction and permissive attitude towarsds the rampant corruption in Wall Street. From what I could gather over the past week or so the company is doing extremely well in moving the company towards full scale production. An agreement with an investment banker is not far off and the shorts will try to interfere, but, I'm told it is too late due to the plant going a long way towards eliminating concerns about the SOLV method of extraction. This, in turn, obviously establishes SOLV's credibility and blows away Asensio's. Dave

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