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Gold/Mining/Energy : GOLDEN RULE (tse:GNU)

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To: Bindlestiff who wrote (306)4/18/1997 10:30:00 AM
From: Neil Irwin   of 957
 
BTW, there has been an interesting discussion about short selling on the St Jude thread. It starts around post #446. Most of the responses have been anti-shorting, while some have taken the "Oh well, its part of the business" attitude.

One interesting comment is that for companies with small capitalizations, shorting ***and driving the price down with "short stories"*** can impair the company's ability to raise further funds. This could of course have a serious impact on the company, even if it has a good project.

St Jude, BTW, has an interesting prospect in Ghana as well. They have sampled an old miner's pit, and attained values of 10g/t over the whole 25 metres.

Neil.
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