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Gold/Mining/Energy : A STOCK TO WATCH THIS WEEK

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To: zebity who wrote (551)8/24/1998 7:41:00 PM
From: zebity  Read Replies (1) of 602
 
Barramundi Gold (BAM) selling low to raise exploration capital

I received message from my broker that Barramundi Gold (BAM) insiders are currently selling shares lots that where under holding period restrictions at low price (hence drop from .27 -> .20) to raise exploration capital, quickly.
This gives investor a great oppurtunity to pick up BAM at near bottom cost.
Broker has also informed me that BAM has had a major gold miner looking over the Longline property and they are very interested in establishing a joint venture.
BAM has already announced joint venture on Wandoo property with Normandy.

The information I have received so far has been very accurate. The broker gave news of joint venture potential on Wandoo before it happended (again only saying major miner was looking at it). He also informed me to withdraw existing bid at higher price and rebid at lower price just before this round of insider selling.

Expect major news releases on both Wandoo and Longline projects soon. BAM is one of the most exiting jnrs around at the moment, with a real "can do" attitude, in the face of difficult times (we all know what Bre-X did to jnrs prospects).
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