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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: Jenny Pillen who wrote (173)4/26/1997 5:31:00 PM
From: Donald McRobb   of 539
 
Hello Jenny: I am no expert at analyzing drill results but did not think they were anything for SXG to be ashamed about. I certainly agree that bailing out at today's prices makes no sense but it could be a rocky road back up as investors who bought cheap take quick profits and those that stayed in dump. A year ago this stock was the darling of the junior mining world with the blessing of guru's such a Bob Bishop etc. Perhaps further drilling results will ignite that fire again. Many of the juniors have been hammered lately giving rise to many bargains available. Many holders of SXG may have bailed out because it made more sense to flip into some of these bargains. I sure would not criticize anybody for hanging in their and playing the waiting game as SXG looks oversold at the moment.

Regards

Don
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