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Gold/Mining/Energy : Colossal Resources - CLPZF - Colbalt in Zambia

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To: Thomas J. Benthall who wrote (386)10/15/1997 3:26:00 AM
From: Steve Huskey   of 501
 
<<Haven't the slightest idea which way though >>

My thoughts too. Better see some up movement real soon. If it starts down now, it could be a real disaster. But heck, how low can it go? (barring bancruptcy or something).

I would be very surprised if it moved down. When you see big volume and the price doesn't drop alot, it is seldom a move down. More likely, shares are being accumulated by the evil MMs (market manipulators) while the price remains steady for them. Then boom, a big spurt up, and they dump. May be the start of a "buy on rumor, sell on news" deal.

If that is the case, I will be trading with them. If that develops, I will starting posting on it for those interested in bidding high and snagging a good exit point.


Steve (the optomist)
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