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Gold/Mining/Energy : KAISER' PICKS AND FAX ALERTS, ***(JOHN KAISER)

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To: Rise who wrote (253)2/23/2000 7:12:00 PM
From: average joe  Read Replies (1) of 311
 
Hi Rise

I'm guessing there is probably 75 individuals that have been accumulating at these prices - a little bit here and there. I don't think anybody is stupid enough to sell before the drill starts turning. Perhaps they are trying to shake out slightly larger holders. The play is perhaps at a make stage now. Enough information has been accumulated over the past three seasons that they know where to point the drill. They have even budgeted for extra holes to allow themselves some follow up room. I know some people in Calgary were getting into it today and the brokers will buy on spec if they know a drill is turning. Two sure things are AGM's and drills.

aj
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