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Gold/Mining/Energy : Repap (RPAPF)
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To: scott who wrote (164)5/7/1998 9:11:00 PM
From: Wizzer  Read Replies (1) of 485
 
Scott, we all must remember that in December and January, tens of millions of blocks of shares were crossed in the 10-18 cent range. When REPAP went up from the 18-39 cent range, there must have been lots of selling at a great profit. I have not noticed any other blocks go through in the 30 cent range (I could be mistaken) but the speculation was driving this stock and crossed blocks of shares, peaked a lot of our interests. I thought if it crossed 40 cents, then perhaps, there was something more solid. I believe now that it will slip back to the 20 cent range.

The debt is the killer of the value of this stock, like you said.
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