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Gold/Mining/Energy : SRR Mercantile Inc. (SRA.V)

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To: John Lister who wrote (19)3/12/1998 11:39:00 AM
From: John Lister  Read Replies (1) of 105
 
It has been pretty quiet as far as the stock price is concerned.

Did anyone see their press release on Feb 19 ? A new director was added to the board and also a private placement for 500,000 units @ $0.68.

Seems like the market is holding for further news on the sapphire property acquisition. I hear that they could be in cash flow pretty soon and that the property is very good - the world's largest sapphire was found in the area a couple of year ago ?

With such a tight share structure, it is going to be tough to catch a piece of the action when it starts to move.
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