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Gold/Mining/Energy : ARMADA GOLD(AAU) or ADRIAN RESOURCES?

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To: Robert Laframboise who wrote (35)11/20/1996 5:53:00 PM
From: Sawdusty   of 51
 
Hi Robert. Adolf Lundin is a major player in many stocks, a real mover and shaker. I am told that he just did not have time. The other resignation is more interesting, apparently it is rumored thet he was dumping stock on the market. Check the insider trading because I don't know this for fact. I also heard that he still holds 4.5 million and that they may be taken out in an orderly fashion.

My experience is that if you think it's under valued, listen to your broker and be patient. These stocks have a way of doing nothing for a long time and then exploding when they are ready. Remember that they just completed a large financing and probably do not feel a need to support the price.

Maybe you have been holding for awhile. I've been there-done that.

Regards
Dan
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