Pacific Wildcat (V.PAW) Message Board

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Gold/Mining/Energy : Pacific Wildcat (V.PAW)

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To: Dav!d who wrote (8)	9/10/1996 7:41:00 AM
From: Dav!d	of 47

The time is near? The stock moved up to $4.00 from $3.30 last week on good volume. It appears that this is a result of two things: 1.) Las Vegas gold show - the company said that they got a very good showing and 2.) stock options were granted to directors (400,000 shares @ $3.03). Now, why would they grant stock options @ $3.00 when the stock was at $2.00 a month earlier. It might be because they have more positive results and they feel that the stock will head higher. I have not sold any because I calculated a target price of at least $6.50. They are currently drilling with two drills (one larger drill and a shallow drill). Actually, they increased the current program 2500m (or 3-4 holes) because they feel that these holes will help them in understanding the mineralization. They would NOT spend this money if the results are bad???? Any comments out there? David

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