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Gold/Mining/Energy : Canmine resources
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To: Ralph Kern who wrote ()6/20/2000 5:42:00 PM
From: Marshhawk  Read Replies (1) of 2769
 
Interesting day, Merril Lynch, who just pounded CMR back in March when the Binco spinoff was announced was in the market all day today, and bought 10,000 at the ask at 1559. Looking positive. So, for you fence sitters (or those of you longs with cash) now may be the time to strike (eg buy).

Globally, LME nickel stores at 8 year low, while funds short Ni to drive price down. There may be an interesting rebound move to upside.

Now if CMR could just workout Ni hydromet process in about 14 weeks when Ni hits $5...

PS: note to the Stockhouse gang, who is Fred?
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