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Gold/Mining/Energy : Geodex Resources - GXM.V (was Agate Bay ABE)

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To: Joseph LEE who wrote (124)5/19/1998 12:11:00 PM
From: Baywall  Read Replies (2) of 210
 
Joseph,

Signs that the stock is about to make a move are lacking, I agree. A book which I have, states that some indicators of positive action on the part of principals would be share for debt financings and share for property financings. In what way would this signal positive action?

My BEP is $1.40. A long way to go yet. It will all depend on the property acquisition news release.

My guess, the stock price will move on the news release. I believe the stock will require more than a story to move up, it will require solid evidence of good property potential.

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