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Gold/Mining/Energy : Fairmile Gold

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To: Douglas Simpson who wrote (3472)2/26/1998 12:52:00 PM
From: Douglas Simpson  Read Replies (2) of 4057
 
It is clear that the company is in the accumulation stage of FLA shares. There was 129,000 shares traded the other day and the stock price didn't budge. This situation tells me that every time someone gets sick of this puppy and decides to sell their shares, someone (fla company guys) are there to pick them up. When they feel that they have accumulated enough of these shares or when people stop dumping them, they will start to promote the company. The person or persons who did the private placement will want to make some money soon.
Just my thoughts
Doug
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