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Gold/Mining/Energy : Napier International Technologies Inc. (T.NIR)

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To: Greg from Edmonton who wrote (649)6/26/1998 6:51:00 PM
From: David in Ontario   of 2444
 
Greg and xray - it's David

Greg - nice recap. The third quarter report IS DUE by next Tuesday - TSE requirement. It'll be posted on the SEDAR site Monday or Tuesday of next week. The company will not technically be in the black until the end of next month and thereafter it'll be profitable with a positive P/E. The 3rd quarter's financial statement will show increasing sales - order's increased 10% during May alone I was told - with sales increasing month-over-month. Napier has been essentially an R&D company until very recently - developing new products. Now that they have hit `pay dirt' they are enhancing and developing the manufacturing side of the business.

Xray - you should know by now that the short play is over. In your most recent post you say you're going to dump - yet on the 15th June you said that you were already out?

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If you really do hold NIR and want to sell - then I'll buy from you Monday - picked up another 2,000 NIR this week :-)

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Subject 18700

For those who wish to continue with the short play - you'll be destroyed - NIR is going the other way - fast. Bean Boy (lentils) from the Stockhouse NIR thread has already accepted what is happening and has disappeared.

Nice grab by Canaccord at the end of the day - 19,000 NIR!

NIR - you go BABY!!!!

David in Ontario :-)
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