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Gold/Mining/Energy : Shore Gold C.sgf

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To: chevalier who wrote (328)4/21/1998 9:04:00 PM
From: John Fairchild  Read Replies (1) of 550
 
I was very surprised to see this stock come off today. I bought at $.60.
Contrary to DD's alert I think the trading preceding this NR was an indication of insider buying. Also the NR was written in a very hyped manner. I don't have a problem with that - anything to capture the market attention especially in Sask. We may well see this one make a very significant move if it can attract the market attention. With just over 13 million share out it has a market cap of ~$9 mil which in my opinion gives this one lots of room to move up. A very big pipe indeed and good results at such an early stage.

Note the strength in the bounce back up before close. Had recovered to $.70 before Canaccord sold 5k at $.65.

John
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