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Gold/Mining/Energy : Nuvo Research Inc

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To: Mark Bartlett who wrote (672)1/1/1998 11:36:00 AM
From: READE SMITH  Read Replies (1) of 14101
 
I agree -- in fact DMX would probably have behaved exactly the same way if the 5% option had been exercised. Why would this widely anticipated news about a long-term investment affect the share price for more than a day -- buy the rumour -- sell the news.
The announcement we got is far more positive -- we'll still get our additional 5% -- when Oxo Chemie needs it -- they don't right now.
In the meantime we will use this capital to "focus more immediately on preparing for a very significant year for Pennsaid."
My understanding is that the word "immediate" has been carefully chosen.
What do readers of this thread predict for DMX's share price upon Health Protection Branch approval for Pennsaid use in Canada?
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