HAWKEYE GOLD INTERNATIONAL INC. (VSE:HGO) Message Board

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Gold/Mining/Energy : HAWKEYE GOLD INTERNATIONAL INC. (VSE:HGO)

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To: Mark Shrigley who wrote (147)	5/3/1997 2:38:00 AM
From: Richnorth	of 472

Perhaps I did not make myself clear enough, or perhaps you misunderstood me. I am not suggesting that a rise in Hawkeye's share price is a done deal. I am very much aware that Hawkeye has yet to drill and prove it has the goods in the ground. However, it is important to be optimistic and this is quite justified in connection with Hawkeye. I am not advocating selling off in the so-called kill zoneof 1.85-2.25 which is is a ludicrously low price-range for Hawkeye. "To be forewarned is to be forearmed," so goes a well-known saying. An acquaintance with the stockmarket phenomena of massive selling by shorters in the kill zone gives one some confidence about how to react when one sees it happening. For example, one could participate in selling in that price range and then buying repeatedly on pullbacks until a breakout occurs in which case one could ride all the way up with it until another selling frenzy occurs, and so on and so forth. I suppose in this way one could get more bang for one's buck. "Different strokes for different folks!" For those whose time is on their side, going for the long haul makes good sense, I suppose. Richnorth

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