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Gold/Mining/Energy : Northern Abitibi Mining (NAI-ASE)

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To: VAUGHN who wrote (95)10/31/1997 12:05:00 AM
From: Graystone  Read Replies (1) of 773
 
I thought it was a good news release as well. Dispels any doubts about the validity of current exploration. I never thought it was bad, I thought it was stupid. This release should have been released after close or before open, it wouldn't have created a stir.

On the the other hand it certainly created panic among the penny players, flushing out quite a few jumpers, -ouch, many won't be back for the next round.

All in all the whole thing was a tremendously riveting demonstration of market stupidity, right after I said the market "always seems to know" heheheh.
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