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Gold/Mining/Energy : Gallery Resources (Alberta GYR)

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To: Tom Tse who wrote (1062)11/17/1997 9:59:00 PM
From: Stephen Morley  Read Replies (1) of 1829
 
My point is that if there were any hint of good news...either from drilling at the 4000+ level or if there were any encouraging signs at Harp Lake then GYR wouldn't be at 50 cents. The Donner/NAI play has temporarily folded like a cheap suitcase. Winter's coming... Good thing Ghana's not under snow ... and let's not forget that cash cow (inflow or outflow ?) called Cariboo...I haven't seen any good news coming from there recently (a mention of problems at AGM, company still hasn't released a status report). Trade with the flow (Pro) not against it. Buy at .40 cents. Sell at $.75 . Just remember each time there are more shares outstanding. Much better return than Canada or U.S. Savings Bonds.
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