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Gold/Mining/Energy : Gronarctic Energy Inc

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To: MARK LIZZI who wrote (16)8/13/1997 6:50:00 PM
From: Wats   of 32
 
Mark:

I think you made a wise decision to sell half today...I wish I had your circumstances! Your playing with their money now!

I think the stock will drift between 12 and 20 pennies till the stock split and financing.... But that is only my opinion. This stock will likely move upward in late 1997 or spring 1998....until then, I don't think much will happen. If your long, then stay in...if your short term, well, that's up to you.

Good luck and if you hear of anything let me know...
Wats

P.S. - with the 10-1 split, there will only be about 3.2 million shares outstanding plus the additional shares for the pp....so the stock could react VERY quickly either good or bad with such a small amount shares IMO.
Also, I'm going on vacation aug 15 to sept 2nd so will be unavailable till then...hopefully all of our stocks will be up eh?! ;-)
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