STAX -----> Stelax Industries - A real gem. Message Board

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Microcap & Penny Stocks : STAX -----> Stelax Industries - A real gem.

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To: bob culshaw who wrote (577)	4/24/1998 4:09:00 PM
From: rjbac	Read Replies (1) of 1112

To Bob, Eric or anyone, It sure is hard to keep the faith with this one. This the my first post out here but I have followed all your posts since the beginning. I have owned STAX since it was ZFAX and the story has always been the same. What I want to tell you all is that this company is very close. From my sources the 2nd mill is in trial mode and HH is over here for a couple of weeks meeting with some new folks. He was in Minnesota last week. A few days earlier he fell and hit his head and needed a couple of stitches, but he is fine. The next news that STAX comes out with will probably be that the new mill is operational. Supposedly his cash is fine, he collected some money owed and stopped normal SS production so his costs are much lower. Boy, HH has so much interest and so much going on I don't see how he does it all(I don't think he can).I am sure Jim D will keep us up to date on the future happenings. I am sure their is much more going on I just don't want to spread any Hype. I am looking to buy more at these lower prices because I think the MM's are manipulating this stock downward. I have one of those "trial" memberships and I don't know if I will pay $125.00. I wish it was still $75.00. Anyway, the trial is up in a couple of days and if I don't talk to you guys, KEEP the FAITH, DREYFUS didn't buy in to lose money and neither did my sources. I think this stock could really rise later this year. But as always this is JMHO. Good luck.... Bac

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