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Gold/Mining/Energy : denison mines
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To: Lalit Jain who wrote (92)7/14/1997 9:28:00 PM
From: edde   of 301
 
I watched the same program and was impressed. The only concern was the 317m shares outstanding. I wonder at what price the preffered shares were converted to common. I recall the preferred were selling somewhere between 40 and 80 cents and the common was at 10 to 15 cents.I beleive what is happening is that there is a nice profit for the preffered shareholders who converted their stock. We have to wait for this selling to drop off before we can see a good move. If volume keeps up at todays scales we should see a nice move upward in 2 or 3 mos....................Edde
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