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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime
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To: the Chief who wrote (55556)7/10/2002 3:36:51 PM
From: Claude Cormier  Read Replies (1) of 62348
 
<Buying some at or near cash value is a limited risk scenario IMHO, I bought GLE at 3.50ish and will hold it for about 2 months, >

Keep in mind GLE is burning $0.25/share per quarter. So by the end of june they has approx $3.40, $3.15 at the end of September... Still limited risk..but given the bear market, it will take time for GLE to make a decent move. I am accumulating for the long term.
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