Chaparral Resources - CHAR Message Board

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Microcap & Penny Stocks : Chaparral Resources - CHAR

CHAR 10.39

0.0%

Nov 3 3:59 PM EST

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To: robert scheb who wrote (31)	11/3/1997 11:05:00 PM
From: Tom Genna	Read Replies (2) of 127

Rob, The first spike on CHAR occured on 9/25. The thread here created on 10/4 presumably in response to that spike. Without the kind of network collecting info as is happening for AIPN reasonable speculation is beyond me. My gut feeling is that the possibilities are: 1) interest in the region is promoting interest in these small cinderella companies especially after the publicity AIPN generated and continues to generate with volume, speculation and rumor; momentum players and technicians move in. 2) It is possible that some affiliation with the K* gov't or company development which I do not claim to know of has smart buyers accumulating even as the price climbs higher 3) Combination of the above I want go back to news releases and see if there's a correlation between CHAR's jump and the Oil Mininster's promotion to Prime Minister or whatever high gov't post he's been appointed to. Anybody got a fix on the date of that release? Tomster

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