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Gold/Mining/Energy : Red Sea Oil Corporation (RSO)
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To: Gord who wrote (29)11/30/1997 2:43:00 PM
From: Dav!d  Read Replies (1) of 332
 
Hello,

the Lundin family and friends are very rich and usually will control 50% of the shares of a particular company. Now, think about it: You CAN buy 10,000 shares at $1.10 but NOT 200,000!!! Get it.
even though they had to pay more money, they were able to buy a lot of stock at relatively cheap prices (i.e. approx $1.25). This is a good sign becuase they wouldn't have done it if they thought they were going to lose a lot of money. Expect some type of promotion to occur in the next few months.

Especially watch for cross-trades around $1.25 to signify a run.

David
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