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Gold/Mining/Energy : Opawica Explorations
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To: Tim Herbert who wrote (5)1/22/1997 7:24:00 PM
From: Mike Perras   of 43
 
Hi Tim:

I believe that Hixon is in play & Opawica is near by. Once you look
at how few shares are out on Opawica, people take serious note.
Plus Canacord (spelling!!??) hold a lot of stock, last year they bought a few large private placements, in fact I heard that today
they moved some stock for profit. Opawica hit 4.00 today .

I have been waiting to see if it'll hit that 1.75 level of only a few short weeks ago & then jump back in. Opawica is a solid company that will not be out smarted by people playing it short. A few have tried & got burned.

Opawica is a better buy at 3.80 than 2.50 .. WHAT!!! Simple, at 3.80 the stock is in play & people are into the action .. at 2.50 it's stale and you could hold it for another year. At 3.80 there's a better chance it'll run to 5 or 6 dollars .. at 2.50, there's a better chance it'll slump into the 1.75 level.

Cheers,

Mike

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