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Gold/Mining/Energy : Capital Alliance Group - CPT (CDNX)
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To: Condor who wrote (453)7/15/2000 2:47:18 AM
From: keith massey  Read Replies (1) of 960
 
I am off flying around this next week and a half visiting companies and end the trip at the CPT AGM in Vancouver on July 26th. I hope to see you all there.

I few other quick notes:

SEG is having their media launch in Hong Kong on July 20th if anyone can make it. I understand approximately 90-120 media teams are scheduled to attend including Wallstreet Journal Asia, CNN, CNBC, etc. From my understanding they had to move the launch to a bigger hotel because of an increase in the number of media people attending.

The overhang we have been seeing should be chewed through soon and when it does we should see a move up. From my understand anywhere from 300-600K were going to come onto the market from these groups from shares bought in the .50-.60's. These groups needed cash and they are using this increased volume from great news to get out of a portion of their positions. This has nothing to do with the fundamentals but is simple a money issue. We have traded 650K in the past 4 days with the large majority of these shares being from these groups. Simple math would tell me that this overhang will be gone very soon. I personally know some of the people that bought a large number of those 650K shares and these people are not in the business of lousing money.

I understand that a very good media/promotion team is going to start on the stock on Monday. We need this story to get out to a wider audience and some good promotion and media coverage is exactly what this stock needs at this point. The company now has the fundamentals and what they need now is for the price to reflect them.

I will try and stop by a computer during my travels and check in before the AGM.... my orders are already in.
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