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Gold/Mining/Energy : Greenstone (GRERF)

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To: d.h.k. who wrote (28)7/10/1998 11:33:00 AM
From: Phil Cressman  Read Replies (1) of 138
 
Called I.R. to find out who was selling and evidently it was funds out of the U.S.A. who needed cash in fund. The drop in price put some holders under margin which added to the decline. The sell off of blocks seems to be over and those new buyers could provide some support over the next few weeks. When next release on drilling comes out to further define the great finds the stock price should rebound. Keep in mind that gold price is off $2 today and there is a big lack of interest in gold and resource stocks all over the world.

Bought more today as you'd be hard put to find a better bargain.
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