Anadime (C.AEM) Message Board

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

AEM 171.84

+0.3%

Dec 30 3:59 PM EST

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To: Richard Saunders who wrote (9)	1/27/1997 2:10:00 PM
From: Nexus	of 54

Richard, you are correct. Elevators do return to lowers floors but as long as it returns to a higher floor than the last higher floor, I'm not selling. Actually, the volume has levelled off and we might see some consolidation at these or slightly lower levels. The market cap did double in less than a month. But don't forget, this is an earnings game. With the addition of the last two plants, revenues should increase substantially over the next couple of quarters and profits should follow as well. Therefore the stock price is justified at these levels and I wouldn't be surprised to see another jump in the next three months to over $1.20. It is very rare to find a young company that has a tremendous growth rate and that generates profits without a rising debt. Good luck, Alain...

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