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Gold/Mining/Energy : Exall Resources/Glimmer Resources

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To: winzer5 who wrote (1235)10/23/2003 7:15:12 AM
From: winzer5  Read Replies (1) of 1319
 
Note to File: Nice Change to the GME Picture? Could it be Based on the Recent NR?

After sitting at 5c bid for the longest while (since re-listing, ~Aug 19, 2003) with about three trades at 5c(1k on Sep 9, 3k on Sep22 and 2k on Sep 30), GME.H is looking a little better of late with a bid for 30k @ 10c against an ask of 4k shares at 30c.

What's there to look foward to? The increasing POG would be a positive for pit feasibility design at Black Fox (being able to reduce the grade being mined, etc). Not to mention the potential for DD exploration for the U/G part.

An interesting point to note is the fact that while production is scheduled to start in Q4 of 2004, work on site preparation appears to be underway at Black Fox (pre-stripping).

Winzer
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