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Gold/Mining/Energy : Samex Mining | OTC:BB - SMXMF | Canada - V.SXG
SMXMF 0.00010000.0%Sep 10 5:00 PM EST

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To: Bobby Yellin who wrote (167)4/25/1997 7:57:00 PM
From: Donald McRobb   of 539
 
Hello Bobby: More than one SI player has noted, that lately, good press releases do not push the stock price up. A lot of investors feel nervous about juniors being able to get financing. Samex has to get their IR people busy on this thread and start generating some confidence. If you would have asked me a couple of months ago if Samex would be trading at under a dollar I would have said fiction and been very wrong. As you can see even in the following table these cheap prices have not attracted any volume buying. At the moment cash seems to be king. I am sure we will see price increases in the future but with my track record lately I can't venture a guess when that will be.

Regards

Close prices:
1997.04.25 V 1.00 0.93 0.99 21900
1997.04.24 V 1.10 0.93 1.00 32700
1997.04.23 V 1.15 0.95 1.00 49786
1997.04.22 V 1.17 1.15 1.17 12300
1997.04.21 V 1.20 1.17 1.20 14200
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