Grey Wolf GWX - was Cascade COL - ASE Message Board

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Gold/Mining/Energy : Grey Wolf GWX - was Cascade COL - ASE

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To: marcos who wrote (55)	4/9/1999 10:37:00 AM
From: Enigma	Read Replies (1) of 80

20/25 - stock is, and has been, looking firmer. Someone suggested to me that weakness has been due to uncertainties over AXAS and not over dry 'high impact' wells in the North. If AXAS has a little more breathing room (and I haven't been following developments there) and the price of oil is higher, maybe we're seeing some re-adjustment to reflect the real value of this company. Also the market is now saying, I think, that this will be a $2+ stock post roll-back. Of course if we we get up to 30 cents we will be looking at a marginable stock post roll-back. Just some thoughts. dd

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