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Gold/Mining/Energy : Pure Gold Minerals (PUG)-TSE

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To: ddl who wrote (813)10/14/1998 2:13:00 PM
From: Famularo  Read Replies (1) of 1030
 
Denis, our famous market maker on Pure Gold, created a new low on Pure Gold. You have heard my comments in the past about Yorkton's and Dominick involvement with this company. The question is how much more options do we need to exercise. With Pure Gold's volume so low these days and if insiders need to cash in, they will drive it lower. Just my two cents worth. At this point, I would not touch this stock until it finds a new low. let us see how desperate insiders are in cashing in their options. If they can't sell on a runup, they will push it lower, as witnessed today.
If you like the play, Ashton is a safer bet. regards Frank ..((
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