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Gold/Mining/Energy : Geodex Resources - GXM.V (was Agate Bay ABE)

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To: bull who wrote (56)2/4/1998 2:26:00 PM
From: Baywall  Read Replies (1) of 210
 
Bull,

The accumulation theory is based upon my interpretation only.
Currently, there is no buy signal nor was there any in 1997.

Kaiser recommended the stock in l996 and I purchased on that
recommendation. Now the stock in below 10 cents and he says to sell.
Based on that I have lost money. On what did Kaiser, with all his
experience base his buy decision? At that he knew financing was
not arranged, copper prices were falling, and had a general feel
for the market.

I will contact the officials at the VSE this week to ascertain
which requirement Agate Bay is failing to meet. I will then
phone Jack Marr to see what he plans to do.

Thanks

Leonas Labenskas
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