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Gold/Mining/Energy : Golden Arch Resources---GAI.V
GAI 8.8000.0%Mar 22 5:00 PM EST

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To: Ahmed Elneweihi who wrote (44)3/16/1997 8:49:00 PM
From: keith massey   of 359
 
Ahmed

I am assuming the financing should go through anytime now. I cannot figure out what Cannacord is doing. They are well known for manipulating the price of stock. Read the last 20 or so posts on the Winspear thread (WSP) to get a feel for how underhanded Cannacord can be. They look like they are trying to move the price down for some unknown reason. Maybe to buy again at lower levels (I really don't know) If the price does go down I will be the first on in line to buy some more stock. Cannacord or not this stock will fly after the first well is completed.

Best regards
KEITH
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