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Gold/Mining/Energy : Geodex Resources - GXM.V (was Agate Bay ABE)

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To: fivedollar who wrote (34)6/6/1997 4:54:00 PM
From: keith massey   of 210
 
Today's trading didn't tell me very much. However it looks like two houses (082 DS and 026PI) are responsible for the buying in the past couple of days. All the selling has been coming from random houses. Do the two houses have inside info? Your guess is as good as mine but it wouldn't be the first time there was an information leaked in the VSE.

The price closed down -.02 to .48. But the last minute bid put in for 10,000 at .49 with 3000 offered at .52 make it look promising for at least a small jump on monday.

I bought at .36 and .39 last week. Was tempted to sell some today but have this gut feel that we may hear something within the next two week and would kick myself for selling today. If it drops back down into the .39 - .42 range I will buy more and kick myself for not selling some at .52 today. Buying is the easy part. Knowing when to sell is the hard part.

P.S I think your right about the resistance levels of this stock at .55 and .80 range. It will take some half decent results to push it above $1.00.

Best Regards
KEITH
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