Maybe the date of record for the special meeting has no significance.
Kaiser hopes Germans have Scorpion on menu
Scorpion Minerals Inc SCP
Shares issued 27,769,327 Dec 13 close $1.45
Tue 14 Dec 99 In the News
John Kaiser, writing in a Bottom-Fish Action for the week of Nov. 29 to
Dec. 3, says Scorpion Minerals surprised the market with its Frankfurt
Stock Exchange listing. Mr. Kaiser recommended Scorpion in December, 1998,
at 31 cents, and again in June, 1999, at 49 cents. In the current report,
the letter writer says Scorpion has done little this year besides ride on
the coattails of Mike Farrugia's travelbyus.com and Martlet Venture
Management Internet plays. Mr. Kaiser says the Frankfurt move reveals that
Mr. Farrugia's promotional network extends into the Germany, "a country of
conservatives capable of going absolutely nuts if the investing bug bites
them." Whether or not the Germans want to bite Scorpion remains to be seen.
Scorpion's main assets are $7.9-million cash, one million travelbyus shares
and four million MacMillan Gold shares. Mr. Kaiser rates Scorpion as a
technical hold, saying when a recommendation keeps going up for no apparent
reason, hang onto it. For now, there is no story that would underlie a
speculation cycle, he adds.
(c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com
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