SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Royal International Venture RIL.V (was Labrador Int'l LAB)
LAB 1.380+7.8%Nov 21 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Rocket Red who wrote (1782)11/23/1998 10:32:00 PM
From: John Fairchild  Read Replies (1) of 3380
 
Your right Red, LAB has been trading an average of 225k over the last 5 trading days. We definitely have momentum going here and I am beginning to think breakout.

The only time in the last four years that LAB has traded this heavy for 5 days in a row was the DML pots and pans announcement in mid Oct 97. That action was more like a spike than the constant controlled buying we are seeing over the last 5 days. My guess is the buying will continue and become less controlled and more frenzied when the drilling starts. The great thing about this is we won't have long to wait because patients has never been my strongest virtue.

John
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext