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Non-Tech : Sungold Gaming International (SGGNF)

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To: coach137 who wrote (77)1/23/1997 11:51:00 PM
From: WINNMAN   of 5164
 
Jerome and All.. The reasoning of Mayer make a lot of sense.. However one must be very careful with this stock in particular.. We must remember that there are a number of news pending that can come out any time and any one of them will move the stock subtantially higher.
just to give a few examples.
1.- Financing arrangement completed
2.- Federal recognition of the Indian band in Michigan.
3.- Waiver of the Community Imput in the Michigan project
4.- Licence from the Korean Government to build the Casino or the Resort.
Should any of this news come out, the stock will be halted at the request of the Company pending NEWS RELEASE , after the resume trading order the stock could open 5 to 10 dollars higher and who ever have sold his/her position to play the game will be left out for good or will have to buy the stock that much higher.
regards
Leandro
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