Royal International Venture RIL.V (was Labrador Int'l LAB) Message Board

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Gold/Mining/Energy : Royal International Venture RIL.V (was Labrador Int'l LAB)

LAB 1.420

-0.4%

Nov 25 3:59 PM EST

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To: Rocket Red who wrote (1813)	11/24/1998 12:19:00 AM
From: Ed Pakstas	Read Replies (2) of 3380

red... I'm pumped on this play just as much as you are... BUT, there is no harm in being careful... I agree with u that the LAB has the best shot at it in the whole play and I'm as excited about it as all 'ell... But, there is no harm in being cautious... The puppy has traded beautifully for the past few days and I suspect that the trend will continue if and only if the anticipation level keeps rising accompanied by the up volumes within the first couple hours of trading as each day passes...I'm waiting for tons of volume (7 or 800K) and sideways action in the stock... It will mean one of a few things... 1) Insiders unloading 2) Profit taking 3) Creation of a support level...or 4) Creation of a resistance level... At that point, I will decide if I'm going to sell some stock... ...ed

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