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Gold/Mining/Energy : MILL CITY MIY-V

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To: Don Plant who wrote ()3/10/1998 7:33:00 PM
From: Bob  Read Replies (1) of 707
 
After reviewing todays trade I feel "very comfortable" in saying that what we
are seeing is a shakeout! Herb may be right that further news is pending however
the volume tells me this stock is going higher. I would expect that tommorows volume
will be somewhere in the neighborhood of 1,000,000 shares. For whatever reason the
stock is being accumulated in large blocks off a weak bid. This tells me that the
market is squeezing out the little guys like me who fear the sudden lack of liquidity
often found in these juniors. My suggestion for what it is worth, hold onto your position
and if you own the stock at higher levels use this opportunity to average down. Having
said that this is not the type of stock that you want to play on the sleeve so if you
cannot pay be very careful! Just one mans opinion! By the way i have absolutely no ties to
this company nor have I studied their projects, my observations are all based on the
market itself. Will not be around to see results from any of their projects!!!!!!!!!!!
Just one mans opinion!!!!!!
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