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Gold/Mining/Energy : MONETA PORCUPINE ME.t

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To: E. Charters who wrote (384)3/29/1998 9:02:00 PM
From: John BOYCE  Read Replies (1) of 440
 
Mr Charters, thanks very much for the info. I originally bought in about a year ago when the stock was recommended in Investors Digest by Yorkton Securities at .55 with a projection of 1.20
I called Inv Relations on Friday and according to them, nothing has changed with the company and they currently have a drill program underway at one of their properities. Timmins is still on track and status of Barrick supposedly unknown, not dead but not known.
I can't believe a company with so much potential as Moneta is so far down in the dumps. I think so many people got turned off by what little was happening that everybody dumped their shares at whatever price, but with the volume this week, I think that something is up or someone is in the know and we will see a nice rebound in the price.
Thanks again for responding, John Boyce
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