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Gold/Mining/Energy : Starpoint Gold

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To: GWalker who wrote (1954)4/13/1998 7:29:00 PM
From: Brian J. Hirsch   of 2378
 
Graham Walker and All,

Graham's point about news being factored into the market is well taken. Volume has increased, price has increased, and technically the stock is stronger than it was two weeks ago. However, because news is ALWAYS factored into the market, and because there has been no significant price or/and volume appreciation within the last few trading days Graham's analysis seems accurate.
For the stock to move STS must find new investors(they must promote), secure a financing or j.v., settle with the shorts, and continue to produce good results. Then, with time and patience...

tomorrow will give us a good idea of where the stock will go

brian
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