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Gold/Mining/Energy : New Claymore Resources

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To: jerry janko who wrote (404)11/12/1999 8:22:00 PM
From: jerry janko  Read Replies (1) of 531
 
Fagan says New Claymore a sell while seeking new deal

New Claymore Resources Ltd NCS
Shares issued 4,165,775 Nov 11 close $0.20
Fri 12 Nov 99 In the News
Brian Fagan, writing in Interim Market Report No. 25 (Nov. 9), says New
Claymore Resources is a sell at 20 cents. Mr. Fagan recommended the stock
in January, 1998, at $2.50. At the time, New Claymore was off of its
52-week high of $4.15. He liked it for its pioneering exploration work in
Alberta and that it boasted a good land position in the diamond play there.
Further, it was tightly held. In a brief report on the stock, Mr. Fagan
today says New Claymore "is still a large mineral claimholder in Alberta
but is basically looking for a new deal."
(c)
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