Anadime (C.AEM) Message Board

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Gold/Mining/Energy : Anadime (C.AEM)

AEM 169.51

-1.4%

3:59 PM EST

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To: Nexus who wrote (6)	1/16/1997 1:08:00 AM
From: Richard Saunders	of 54

Alain/ I agree that the growth appears to be proceeding.............. at the moment the oilpatch is in the limelight and this just adds to what Anadime is involved with. This little puppy has been good to me and although I still have a position, like the long term prospects, I have very recently locked in some of the paper gain. My current tho't is that possibly things have got a bit too rosy and once a bit of time passes the price may ease again. I've been accumulating since the stock was literally pennies & a dime. Only recently the stock was available in the $0.40 range. Either the recent approx. 55% burst in stock price may be a bit overdone OR the stock was majorly undervalued prior to the news release you mention. The noted news release didn't really say anything new, just a confirmation that the company is proceeding along the path they've said they're going to travel. Interesting how sentiment changes so quickly isn't it.............. Maybe I'm out to lunch but I start to get just a bit jittery when everything sounds so wonderful, especially in the oilpatch. Sorry for being so sour............... as indicated off the top, I still hold a position but have converted some paper to cash.

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