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Gold/Mining/Energy : Rondal Gold Corp -RGD (formerly Prior Resources - PQL)

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To: Carol who wrote (17)9/25/1996 8:27:00 PM
From: Bob Brigger (Robert)   of 331
 
Carol: I was typing out my last message as you were at the same time. In answer to your question of volume, when a low priced stock isuch as this becomes newsworthy interest is generated and many people aquire a "" position "" and either sit on it in hopes of dramatic escalation or at least flip it quickly for a profit. This co has several million shares out and will trade high volumes during this phase and the stock will RUN UP. Once it reaches a point in price the interest will wain and the price will fall back, This is natural and expected. You have heard the term " buy on the dips " That is what Robert did to-day. Once favourable results have been received from the assays or anticipation that the assays are good volume will again increase and the price will run up again while others try to get on board thus bidding the price up and increasing the volume.Hope this helps. Good luck Bob.
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