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Gold/Mining/Energy : BPI Industries Ltd (BPR-VSE)

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To: Ron Struthers who wrote (286)9/28/2000 10:30:44 PM
From: Ed Ajootian  Read Replies (1) of 355
 
Ron,

Congrats on another great call! I didn't quite get all the shares I was hoping for but I'm not gonna complain.

I would have thought that a lot of folks who had been stuck in this stock for periods beginning prior to the long period it was halted, would snap at the chance to unload this turkey as soon as it got back to $.80 - $1. I guess everyone who's held on this long is in for the long haul and maybe even averaging down at this point.

The last PR predicted that they would be able to close the Mid-Con take-out by "mid-September". As that period gets further and further in the past, maybe we'll have some suckers selling this under the rubric of "no news is bad news". Kinda hard to imagine much of this going on though, with the stock rallying on so much volume.

Thanks again for the tip on this one. Looking forward to your continued coverage of it. It will be interesting to see what they decide to do when they "grow up" to be a real company.
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