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Gold/Mining/Energy : Geodex Resources - GXM.V (was Agate Bay ABE)
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To: Joseph LEE who wrote (109)5/11/1998 8:26:00 PM
From: Baywall  Read Replies (1) of 210
 
ATTENTION JOSEPH AND OTHERS ON THE INTERNET:

My apologies on incorrect information originating with me. No new geologists were hired at the office. I'm glad nothing was traded on this information, and will listen to news releases from now on. Since I provide my real name and have some responsibility on the internet, I had to post this message immediately.

The four negative comments on April 23 were unusual, all occurring on the same day. I feel management is doing the best they can. In a previous message, I outlined their qualifications which speak for themselves well.

The past 18 months has seen various uncontrollable events occur for many junior mining firms. This has nothing to do with management. Frustrations are felt throughout the industry by people. This is understandable, but to label people negatively for no reason?

Rollbacks do indicate that the principals have hope and are willing to put in the effort to make the firm a success. I still hold my shares, and as long as management is trying their best, it is good enough for me.

Since last September I have posted favorable comments regarding technical analysis. It may seem to some to be overextended and thus brought into question. Also, I do own shares and so a perceived bias could be implied. But even ignoring the above does not change what I am interpreting. Mike made a good comment, basically, if evidence seems contrary why does TA indicate favorable circumstances? I tried to explain that some indicators form on expectations. These may or may not be met, but people will always speculate and this action will, at times, be identified by TA.

Comments are welcome.

Leonas Labenskas
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