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Gold/Mining/Energy : Redbird (RBD.A on the ASE)

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To: MiKe who wrote (76)8/31/1997 9:07:00 AM
From: Winzer   of 130
 
Mike, What a run. Up 200% this week on extremely strong volume. If John is still around I wonder if he can shed some light on the reason for this performance and where he thinks that the top will be. It would be nice to hear if any one knows the real reason behind this run and when it could be expected to loose steam. I checked the Stockwatch graph and the last run too it very steeply to over 2.00c in a short time. Good to see that "the gold juniors" (or at least this one) are starting to come into favour again.

I have heard (unsubstantiated rumours) that the drilling last summer found some significant results and that the creditors that are being sold stock (cheap warrants) are/were convinced that at 25c they will be rewarded/reaping hansomely from their patience in this play.

Cheers Winzer
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