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Gold/Mining/Energy : Siskon Gold Corp (SISK)

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To: peter gucker who wrote (75)5/31/1997 10:55:00 AM
From: virginijus poshkus   of 146
 
Peter, you have to look at situations like these as major buying opportunities. Calculating 25mm shs o/s at 4 cents gives you a market cap of 1mm. well i figure the company is worth more than that. So did somebody else. it settled at 8-10cents. I have a feeling the stock got up to where it did from some short covering. remember there were still some convertible debt that was not converted by last week. If it was converted this week the selling pressure was taken off and baboom. I see it moving back to the 20 cent area sometime this week. all you have to do is get a just a little good news out there and 35 cents is also in the realm of possibility.

vargas
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