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Gold/Mining/Energy : Barramundi Gold
BAM 54.37+0.6%Nov 3 3:59 PM EST

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To: D. Bryan who wrote (53)11/18/1999 10:12:00 PM
From: zebity  Read Replies (2) of 99
 
Good Luck to you...

If you are going for broke on this one.
I was tempted to pick up more BAM when price dropped below .15 but decided not to until there is evidence of
stronger turn over in shares.
The problem with jnrs. like this is that the share turnover is so low that anyone with over a 100,000 shares cannot
unload without causing the market to drop heavily.
Until then I think I have enough BAM shares for the time being.
I am still waiting to see how the directors handle the
company and if they manage to promote it more successfully
than it has been so far.
As the current agreements provide guarantee of income, now they should start concentrating on raising the profile of the company and getting market investment going.
The focus so far has been purely on private placements.
Cheers.
Zebity
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