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Gold/Mining/Energy : Geodex Resources - GXM.V (was Agate Bay ABE)
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To: fivedollar who wrote (32)6/5/1997 8:19:00 PM
From: keith massey   of 210
 
I just finished looking at their chart and was wondering the same thing. I talked to the IR yesterday and was told that an agreement was made about the clean-up problem. I was told the option agreement should be signed within a week and the news release should be out some time next week. However, I would was told the same thing a weeks ago so your guess is as good as mine.

When the news release comes out you can expect a release soon after from Kaiser's Bottom Feeder. That should add .30+ to the current price. He has been hyping this one as a possible $10 dollar stock (wouldn't that be nice). The most promising thing about the last two days of buying is that it was done near the high of the day and closed at its day high. I'm expecting another small jump tommorrow. After that it is up to the news.

If anyone out there has market depth I would really appreciate the depth on ABE. The 15000 at .52 looks scary but the market depth will tell the real story.

Best Regards
KEITH
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