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Gold/Mining/Energy : Sedna Geotech (SOT.V), explosive growth PE of 7

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To: Steve Reichle who wrote (34)3/25/1998 11:05:00 PM
From: mariner   of 68
 
Steve
Am a fellow $2.85 cost holder. It's been a long, disturbing slide. I recently reviewed IR pack. Most of the info is out of date with the exception of interim statements for the end of the 2nd quarter. I'm also struggling on whether to put more cash here. I don't normally "average down" preferring to place my bet elsewhere to enhance diversification. I'm not aware of any imminent bad news. I think the generally light volume is indicative of a few small investors bailing out in (understandable) frustration. When I talked to IR 2 weeks ago they said things seem to be on line and that they were planning a roadshow to attract institutional interest. Haven't seen anything on that in the Cdn business press.
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