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Gold/Mining/Energy : Takla Star Resources (A.TKR)
TKR 102.13+3.1%Feb 5 3:59 PM EST

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To: DON who wrote (11)7/31/1996 6:14:00 PM
From: Robert   of 85
 
Don, Beleive me I'm dissapointed in TKR also. Interesting thing is that although the priced dropped, there is no shortage of buyers (400,000 or shares have traded hands) and the price is hanging in at $3.50 or so (for today). Some people are still believers, I guess. I haven't sold yet. It only becomes a loss when you trade your paper, and there is still the Bolivia gold prospect. I'm not "married" to this stock, as a recent e-mailer remarked on another play, and I am watching things carefully. I don't expect anything on the upside soon, so this is turning into a long term play. The company is still well financed for exploration, and further drilling is in the works. Also, they are not as gloomy as the market seems to be about their prospects, but perhaps hey are just in shock. One possibility (from the Presidents mouth) is that any ore that is present is at deeper depth. This is consistent in some measure to what DFR discovered, or so I am told (except their first drill holes were better). Also, only one hole has been drilled on the Unity zone (think its unity), so this play isn't quite over yet. Regards, Robert.
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