Stirrup Creek Gold SGU V Message Board

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Gold/Mining/Energy : Stirrup Creek Gold SGU V

SGU 11.82

-0.8%

Dec 26 4:00 PM EST

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To: RenT Asselin who wrote (29)	2/12/1997 3:34:00 AM
From: gemini	of 41

Hi Rene, yes I did see the move today but I'm not getting too excited yet. would be nice to see some volume associated with this move. I think that SGU is still gearing up for this year and maybe trying to build a base price somewhere before more Indonesia results come out. I do think the price of gold and Bre-x ordeal has somewhat hampered many companies with properties in Indonesia. SGU should be fine since they have their COW's in place. We just may see some movement once the BRE-x issue gets resolved, not only in Indonesia based stocks but the whole market in general. Just think of all the money that could be put back into junior stocks when the BRE-x saga is finalized. Even 10% of that money would fuel some movement. Be patient on this one-believe me, i've owned this one since IPO and things haven't moved at the speed of light and nor do I expect that to change, which is fine by me. SGU does not leave me sleepless at night compared to others in my portfolio. Good Luck Rene, gemini

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