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Gold/Mining/Energy : NDT VENTURES

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To: Jimsy who wrote (382)9/25/1997 11:41:00 AM
From: Richard Humphrey   of 992
 
Some in-fill buying and selling on NDT's ascent to the $1.00 level. Shorts covered yesterday on the 105% increase in price on hugh volume of 1.9 million shares. Today some selling as a result of the GAPPING UP yesterday. Once the majority of the selling is over, the stock price should be near (if not past) the dollar level before next set of drill results from Project 79 (Donner/Lattitude Mnrls JV).

NDE has been in the accumulation phase for many months( as many of us have endured), it is now time for the promotional phase to kick in. The next set of results will be significant to determining if NDT's rally is over before tax loss season begins.

My thoughts! Rick.
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