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

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To: Ed Pakstas who wrote (100)11/5/1997 8:47:00 PM
From: wayne cath  Read Replies (2) of 773
 
Hi guys
On newsworld bus report tonight we (nai drz) received some very
upbeat press.An analyst whose name I missed was talking about how
credible this play is due to Tecks' involvement., and how the junior sector
needs and is hungry for a successful play like this. He also added how the
initial results are much superior to V Bays'early findings.
After having very little to get exited about for a while this was great to see.
On another note I am still trying to understand just what went on re:6-8 page
release last week. The stock went nuts during the last 1/2 hour prior to its
release which obviously indicates a leak that said release was coming.,
Wouldn't any insider have known a release of this nature at this time
would have a negative impact on the share price
Who could have been trusted to be providing good information that was not?
How much can we trust a sudden spike in price as it might not necessarily be good news?
And what about those people that bought at over $2.00(nai) that figured they
had a jump on the market? Who were they listening to?
Thoughts,anyone?
regards...wayne
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