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Gold/Mining/Energy : Big Valley Resources (BV-ASE)
BV 12.90+0.1%3:59 PM EST

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To: bcjt who wrote (133)11/26/1998 6:32:00 PM
From: Scott Cameron  Read Replies (1) of 231
 
Re: Stop-lossing out on Monday

Although it may relieve any worry you have about further downturns, you will be selling into bad news and the bids will be weak. If you can hang on I believe they will be announcing an ore supply contract with Imperial in the very near future. Then if you must, you can sell into good news.

Re: Imperial

They want BV ore very badly because it is higher grade and it is not oxide ore (recoveries are higher in non-oxide ore). I think BV is motivated to get this deal done to get the stock back on track.

Good Luck
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