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Gold/Mining/Energy : Asquith ASQH up 29% today...
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To: wooden ships who wrote (3)9/2/1996 5:00:00 PM
From: Dylan Yolles   of 65
 
Yes, the 200 is a fraction of the total--they represent the first 200 that were completed. Coulter (the CEO) told me that these 200 were to be complete by the end of August; I didn't ask him when the remaining 300-400 (?) assays would be released. However, I'm sure that the press release will give us some indication of timing.

In any event, I think it's very likely this will be a positive release. Given that they already had the results last week, it would have made more sense to release bad results before labor day when many money managers are on vacation. In addition, the price increase in the stock came on very little volume, which makes me think that the market makers know something we don't.

Regarding the buy recommendation: I don't know which brokerage put out the recommendation. I read about the rec. on the internet. When I find out, I'll post here.

Dylan
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