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Gold/Mining/Energy : Bolivar Goldfields (T.BVG)

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To: Lynx who wrote (234)11/20/2000 12:12:08 PM
From: Lynx   of 249
 
BVG now below the PP value $1.00. Picked up some more @.90. Listing news and name change is now key to this thing moving up. Market downdraft, margin calls, tax loss selling, will keep pressure on this speculative investment.
However the sector move to storage is still strong so I'm holding for positive news. Remember some big positions have already been taken by CC, Yorkton, SSB, TK at higher prices although CC sold a big chunk at 1.39 and stopped supporting the stock ? possibly to cover at lower price? When CC starts buying you could see a quick move back up to the 1.50 range (last support level) JMHO
WV still struggles and now to me you could see share consolidation along with a financing arrangement since VC firm now represented on board. Still holding some shares but have reduced until the smoke clears.

Lynx
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