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Gold/Mining/Energy : WWS.T World Wide Minerals

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To: Nicholas Rainford who wrote (547)7/2/1998 4:17:00 PM
From: tango  Read Replies (2) of 784
 
i think a deal will be cut soon and you will see a move into the .50-.75 range. the problem remains funds still won't touch the stock in this market.(they are dumping financially stronger companies in the same industry. iuc) they still may feel there is considerable risk here until mongolia is producing(which is more likely when they would buy) . There is also the upside of the gold play which should see an announcement on next week.

I think .25-.30 over the next couple of weeks, around .60 on a settlement, 1.00 once production is reached and mutuals move back in.

I am not so sure Dundee runs the best deals to get involved in

1. Breakwater was a disaster with a zillion to one cut back
2. Eurogas is finished
3. Black hawk is a stunning .25
4. WWS has seen better days
5. Dundee stock is feeling the heat as their stock trades at 52 week low in a bullish financial sector.

-ever heard of the NED factor?he still seems to make the bucks!

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