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Gold/Mining/Energy : Westrend Natural Gas - I.D.E. Hot Stock

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To: Gene Veinotte who wrote (1208)2/3/1998 2:04:00 PM
From: Leigh McBain  Read Replies (1) of 2011
 
Hi all, last trade by my count at .80, I was a little surprised to see .75 show up in the middle of this activity. The volume is certainly nice to see though. There have been some rumblings of WRN being a short candidate, in the .90 range, due to the resistance it has run into at that level. We may be seeing some that at the moment. I am not quite sure exactly what the rational was for the PR right at month-end, possibly to help flush out some weaker shareholders. Hard to complain though, given that we were trading at .50 a very short time ago.

Wade (1207) - I agree, there is solid potential with the company. As long as the releases continue to show that the company is on track, we should see a sustainable growth pattern. That doesn't mean I expect nothing but a straight line growth path, some peaks and valleys are inevitable.

Salut all,
Leigh McBain

PS - have a great week!
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