Northern Abitibi Mining (NAI-ASE) Message Board

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

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To: mineman who wrote (168)	12/10/1997 7:11:00 PM
From: Buckey	Read Replies (1) of 773

My guess and my opinion on today is people are doing straight up math and assuming that the entire value of this find relates only to the DML/NAI property. You see some of the DML posts will take the market cap and find that NAI should be worth about the same or slightly more than DML. Why DML has been valued higher has largely been because they are all over the place up here and if this is something substantial, it is likely to run across a number of properties all of which DML has some interest in. So the quick answer is: because people may be looking at the spot value of the two prperties and trying to knock a price on to them with some basic technical analysis which we all know is useless and fruitless in spec plays. So really, no reason why one did better than the other. Why do any of these go up and down like yo yos. Why was PLM down??? Why did Cartaway go to the moon and now trades at 18 cents???? Now, the more I think about it, If I felt like going and getting the house positions for the day, we might find that canacrap was buying NAI more than they were DML. Just another theory.

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