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Gold/Mining/Energy : Abitibi Mining

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To: Alan J. Levie who wrote (69)9/29/1997 11:23:00 PM
From: Mike Perras   of 96
 
Hi Al:

Let's hope this new Abitibi energy will take the stock back to the 1.00 range & beyond. No sooner than the news comes out & the stock falls .. very predictable. The mm's want people to get nervous & they shake them out from .25 to .20 .. in a few days it'll go back to .25 or have a little run of 20% .. thank you very much.

Until this thing gets to & surpasses the .60 level, no one will get too interested .. personally I am VERY LONG on this one. They have some of the best gold property anywhere.

At .20 this is a steal!!

Mike
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