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Gold/Mining/Energy : Rivera Explorations (V.RVE - was Riva Petroleum)

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To: jerry janko who wrote (12)5/19/1997 10:45:00 AM
From: Chip McVickar   of 14
 
Hi Jerry
I bought RVA at around .68 but did not get out fast enough.
Now I am much quicker at getting out when the story changes...even with losses.
You remember the play kept us in there...with potential payoffs at 3 higher zones.
.
Today I've got some CYJ, GPGI....others, but moved out of golds after the BRE-X and into oils.
In oils...TGS, ZUS, EEG...but they have not moved the way I had expected.
Whole market has not moved much either way and seems to be being traded very quickly for 10% gains.
Annoying....flipping by the pros in a tight volume market...I guess...?
CYJ is making me nervous...hasn't generated any momentum as expected with heavey selling at .68 - .70, but
I will stay in longer.
.
Diamond plays......Loumic Resources LOOv has an interesting story going on...they are attempting to acquire a company with serious Diamond holdings in Africa. The SI thread is valuable in bringing the story forward.....I also own it from the Pico days they were the JV partners with RVA.
Take a look at it...let me know what you think...I have been thinking of buying more at $0.20...?
See you
Chip


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