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Gold/Mining/Energy : Gallery Resources (Alberta GYR)

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To: charlie the tuna who wrote (1169)2/5/1998 3:50:00 PM
From: Kent C.  Read Replies (1) of 1829
 
Hi Charlie,

The market action today really surprised me (and I'm sure others). waste of time, depends what your feelings are on the company's projects. Many people are upset with the stock dilution, but I don't think anybody wants to see a roll back.

Pros
- South Voisey Bay is heating up
- GYR is trading near 52 week low ($0.20 low / $0.90 high)
- Strong volume / Very Liquid
- Large Shareholder Base (approx. 7,000)
- Victor French (geologist) is focused on finding a deposit

Cons
- Stock Dilution
- Bad Season Last Year in the Cariboo
- Drilling problems at Harp Lake last year
- Have yet to bag an elephant

Bid - $0.30
Offer - $0.32
Last - $0.32
Volume - 225,700
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