Brazil Diamond Play PVF PXM EM Message Board

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Gold/Mining/Energy : Brazil Diamond Play PVF PXM EM

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To: red_corundum who wrote (26)	11/22/1999 9:33:00 PM
From: 1st.mate	Read Replies (1) of 64

Today really sucked!! No question. support was pulled on both EM and PVF and PXM continues to slide! The chart shown that PVF formed a double bottom and was not willing to go lower...Is that good? The chartists would say yes and the reading that I did on same says yes also! Time will tell! I am still very long on this play! WAWA is getting closer, so they say (LOL). It is apparent that the seller on EM is not willing to go lower than the .18....So we may have seen the bottom. I suspect that the selling will stop after the meeting in england tomorrow and the PP is finalized! PXM continues to use fear to keep its shareholders in place..I have heard lines like EM has no insentive to move the market for a year as the PP has a 1 year hold...I discount this statement and disagree totally...It is nonsence! The present shareholders have 22mm afloat and that is reason enought...there is 2 shareholders controling some 12 million shares and they want the share price up... They have bought the bulk of the shares at the .60 level and that is reason enough. Matey

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