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Gold/Mining/Energy : Ontex Resources (ONT Alberta)

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To: Biff who wrote (342)7/13/1999 9:13:00 AM
From: mark warburton  Read Replies (1) of 519
 
I would think any type of good news at this point should move the stock up substantially. I keep looking at the market depth on the stock. 44 has basically become the pro in the stock as he seems to be making the market daily. If you go down the list of sellers at the ASE web site taking 44 out of the picture you have nothing for sale.
1000 shares at 1.09 and then a few at 1.20. I would suspect that as the price rises more sellers would enter the picture but the market seems to be waiting here as if they know more stock will be available at this price. DS continues to sell smaller amounts but are still there, for how long, I don't know. They seem to be the only obstacle at the moment to a higher share pirce.
Would really like to see a real nice gold strike unexpectedly on M7 or the Irwin showing. Eventually the hits will come. The property should have the grade its just a matter of timing. Right now we are all experiencing bad timing. So sister moonshine send me a little sun!
Best of trading
Mark
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