Strictly: Drilling II Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Strictly: Drilling II

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: TheBusDriver who wrote (9630)	3/20/2002 10:16:51 AM
From: TrueScouse	Read Replies (1) of 36161

Wayne: Re. GNG: <<Did they say how much cash they had?>> I didn't ask, but they said they have enough for the next 5,000 metres drilling. Regarding trading, IMO you did well yesterday if you sold at $0.50 and got back in at $0.42. I'm not sure it'll go much lower than this, since I think Mr. Sorbara's family and friends will be picking them up. The stock has quite a big institutional/corporate following (Prudent Bear: 1 m. shares + 1 m. warrants; Jupangu (sp?): 1 m. shares; Agnico: 0.5 m. shares + 0.5 m. warrants; Capital Pro in Geneva, etc.) But I agree that it won't go very far without some good drill results. The next set should be out fairly soon, I think. They've been drilling on the next target. Apparently the last set were delayed because of some restructuring at the assay company (Chemex I think) holding up the final drillhole. Sorbara had said he would only release the results once he had a complete set. Hang in there buddy! This one may help make you RI** eventually -- but don't tell anyone. :^) Howy

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next