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Gold/Mining/Energy : Transglobe Energy Cp
TGA 3.7200.0%Oct 14 5:00 PM EST

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To: 91fxrs who wrote (1377)5/1/1998 12:11:00 PM
From: Chris St Amour  Read Replies (2) of 2826
 
<Since most of the transactions yesterday went off at the bid, could this mean that more shares were introduced into the float, ie: financing? Or maybe it was capitulation.>

Richard: IMHO it was more shares added for financing; no capitulation and none expected.

I've got a hunch we've witnessed the dilution. I think it is a screaming buy at .78125!

Regards, Chris...

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