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Gold/Mining/Energy : CVR: V Consolidated Viscount Resources - Ringer???
CVR 9.380+2.7%Nov 12 3:55 PM EST

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To: John Fairchild who wrote (35)10/31/1996 8:48:00 PM
From: John Fairchild   of 409
 
Up $0.40 today with a little gap up. Does someone know something they would like to share with the rest of us. Most of this trading today happened in the last few minutes of the day. With bid left @ $2.8 and ask @ $2.95.

I did speak with IR Dave this week and he reported that Len had been in Toronto regarding financing. Also they had been trying to get a hold of Mexico but satellite phone not getting through (could be I guess?). Dave said if they could not get through by the weekend then Len would be flying down for a status update (this weekend). They expect to release news next week. I expect they maybe holding news until next week in hopes of friendlier market connditions. I'm not sure but they may have a point? Any positive news releases I've seen this last couple weeks have not created the usual level of activity.

John. PS - If anyone has anything to add please do.
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