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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime

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To: gypsy who wrote (760)12/2/1998 1:28:00 PM
From: Chad Barrett  Read Replies (1) of 62348
 
gypsy, (a bit off topic)

From my experiences I am coming to agree with your way of thinking about VSE stocks.... they might be best to only play during a roaring junior market... not when the market is dead like it is now!

However, both MPV and WSP are stocks I have on my "watch list" for possible daytrading activity (I hold some shares of WSP). Both companies are beyond the initial "poke a hole and pray" stage. This winter both will be doing major bulk samples on their properties that will pretty much determine if they will have mines (my opinion of course). I personally believe that buying them now and holding until next summer (April at least) would provide a definite! chance to double your money from current levels (just based on a speculative run-up of a positive bulk sample result). A five bagger is very possible with them also... If the results come out and they are good, the upside for MPV I would compare to Diamet and Aber (adjusted for shares out and the portion of the property they own). For WSP the upside could be much higher because they own 2/3rds of the property and the mini-bulk samples done so far indicate over $300US/tonne value!!

Just my thoughts and sorry for getting a bit off topic for this thread.

Chad
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