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Gold/Mining/Energy : Scorpion Minerals-SCP-T

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To: Ronald W.Millar who wrote (116)5/24/1997 10:36:00 AM
From: Michael   of 235
 
Ron, Apologies of this seems abrupt but some of the responses to the recent dump seem like wishful thinking. I find it hard to believe that institution(s) are only now reacting to the Bre-X saga. Institutional traders are often short-sighted but the huge sale a day after what seems to be positive news worries me. I am no way qualified enough to translate the announcement into financial terms, and wonder if there is anybody who could enlighten us all here, but it seems to me that better informed minds than me with serious bucks invested have decided that they are not too impressed To put this drop down to general negative sentiment towards Indonesia is wayyyyy too simplistic. Comments anyone..... Michael
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