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Gold/Mining/Energy : $0.50 & UNDER (Short term trades)

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To: Ed Pakstas who wrote (518)1/20/1998 5:29:00 PM
From: Wayne J.   of 783
 
Hello! Ed,

Last week I posted a news release by "CBM" Alberta!

As I have previously mentioned, I personally expected to see a more impactful news release! So in my own opinion, I am still of the opinion that more news should come forward in the very near future!

Over the last few days I noticed that Pure Gold and Ashton have announced some information regarding some recent drilling efforts surrounding diamond exploration efforts!

It is not my intent to comment or speculate on their released findings, however I did notice that both of those companies experienced some decline in their stock trading price!

In my opinion, since "CBM" Cambridge Minerals has leased properties in the Alberta Diamond Exploration area, I am guessing that the lower share price "CBM" was bid at .22 cents ( at one point today!)--is a sympathetic reflection / reaction of some of the other exploration companies in the surrounding areas? ( Just my opinion!)

It is my guess that we could see some interesting swings in share prices in the weeks and months to come! (In the Alberta Diamond Exploration Area!).

I am also interested to see how the market and investors react to some more positive news! ( Provided if and when it does in fact take place!)

Since I have started posting my thoughts regarding "CBM" on this thread, I have remained long on "CBM" ! It is my opinion that when and if, CBM can sustain some reasonable trading volume for a significant time period, supported by good company and related industry exploration news, that the reason that I wll ask to have "CBM" removed from this thread's watch list will be because it will have ( hopefully) exceeded the .50 cent level! ( Just my hope and opinion!)

I did feel it necessary and responsible to post my thoughts on "CBM" as now that it has pulled back from some recent upward price movement, I thought it appropriate that I also face the music on the downside !

Keeping My Finger's Crossed!

I see we have another Wayne! Great!! And Welcome!!!!

Best Regards,

Wayne J.
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