Canadian Gold Stocks under $5 Message Board

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Gold/Mining/Energy : Canadian Gold Stocks under $5

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To: Dave Fong who wrote (152)	9/1/1996 11:37:00 PM
From: Donald F. DeKold	of 198

I've been looking into Coleville... ...and what I am getting hints of could be something big. I hope someone with some solid info will step in and give us some hard data. The company's latest news release at the end of July suggested a follow-up news release would have been out by August 20. A post placed on MIC this Labor Day weekend alleges a hostile takeover by a major gold company. Coleville's properties in Indonesia are alleged to be adjacent to Bre-X, since they acquired leaseholds from companies that supposedly lost their COWS due to environmental violations. The property in South America should be in production by now producing gold and diamonds! I am not sure, but they might also have diamonds in Indonesia. The trading volume has been pretty high for the last two to three weeks with an average of several hundred thousand shares a day. Friday's volume was about a half million shares with the intra-day trading spanning C$1.85 to C$2.25 with a close at $2.05. There was a previous run in price back in April which reached about C$2.30 on volume of 2.5 million shares. Well, someone somewhere is getting excited by this stock. Could we have a "little" Bre-X in the making...or a big one? I don't know anything for sure, but I hope someone who knows something who can inform us with facts will come forth. I can be contacted at donsden@aol.com Enjoy your Labor Day.

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