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Gold/Mining/Energy : Rumour Thread
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To: Ed Pakstas who wrote (61)12/21/1997 9:34:00 PM
From: Zardoz  Read Replies (1) of 223
 
What the Broker said was that they were crossing onto shorts at the ask side, in large blocks on friday. Giving the added appearance of a stock on a run up. And as this was happening real buyers entered into the market {expecting results}. He suggested that: {pharaphrase} 'if you looked at the hole pattern that CRN was drilling, you's see that they are far away from there own areas of interest.'

He stipulated that this would increase until the results are known, where the price will drop. And than everyone will fill up on shares, and AFTER the new year, they will start drilling again on in fill areas. He did say that should a GOOD result come in, by accident, than the price may spike to $4.50..

Let's hope that they have a good result, and the brokerage frms get it bad!!!!! He did say that the area has merit.
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