Canadian Hot Stock Club - CHSC Message Board

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Gold/Mining/Energy : Canadian Hot Stock Club - CHSC

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To: The Osprey who wrote (1096)	11/15/1998 7:07:00 PM
From: Mike Dillon	of 1307

Re: ADA I spoke to their office last week when it was trading at $0.13, they indicated that one of the instituitional players that was in their deal offed their paper. This would account for the very large cross to Cannacord I believe. It is my understanding from their office that it is business as usual. Yes, they did mention that they are drilling. In fact at that time they were about 1000 ft above target and were completing about 40+ feet per day. Could be good given the hot NGas market. However, they did'nt appear overly excited....it appeared to be business as usual and they could'nt really comment on why the stock was moving. Regards, Mike

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