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Gold/Mining/Energy : United Keno Hill, UKH, Toronto**** Opportunity Knocks!

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To: Alan Whirlwind who wrote (1299)6/21/2000 1:55:00 AM
From: Harry K  Read Replies (1) of 1348
 
Heck! It dropped down to C$0.07 yesterday!! but this was only the last 5,000 shares or so traded at the last minute. Before those trades, the price was .09 - .10!

I was curious about the delay before trading picked up, hours after the news was out, too! Maybe investors were distracted by the dot-com stocks. Maybe they figured they'd wait until the Plan was officially approved. Perhaps it was the going-nowhere silver prices - and depressed lead prices (.19/lb.). And Zinc prices are still hovering around $0.513. I dunno, partner! There seems to be a literal WALL of support at the 0.10 price - with 150,000 bidding, but only 20,000 shares for sale at 0.11. I'm not sure I'm getting this either - sounds like either investor disinterest, or something more than meets the eye. Somehow, I think it's just investor disinterest - like: "so what?" - they're still months away from any production activity....

Harry K.
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