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Gold/Mining/Energy : NAR FORUM
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To: Andreas Lichtblau who wrote ()8/14/1998 9:42:00 AM
From: Andreas Lichtblau  Read Replies (1) of 34
 
BigPete asks:

There has been no more news since the big 300,000 share purchase several weeks ago. This appeared to be a good sign for the project and the stock, however, the price has steadily fallen ever since. Are there any particular explanations for the drop off on NRL or is it merely a reflection of the downturn in the market in general?

Dear BigPete:

I think it's in a holding pattern right now: back to its support level at ~3.70. Waiting for official news from Falconbridge, who've now put a second drill on the property.
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