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Gold/Mining/Energy : New Claymore Resources

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To: Barry who wrote ()1/11/1999 3:47:00 PM
From: jerry janko  Read Replies (2) of 531
 
Kaiser says buy as hedge on diamond play

New Claymore Resources Ltd NCS
Shares issued 4,165,775 Jan 8 close $0.57
Mon 11 Jan 99 In the News
John Kaiser, making his recommendations for 1999 in a Dec. 11, 1998
Bottom-Fishing Report, says Alberta diamond player New Claymore Resources
is a top-priority buy at 55 cents. Mr. Kaiser says 1999 is "crunch time"
for New Claymore, which has come down from its $2.50-$2.85 range of early
1998. In 2000, assessment work will be due and the company may then be
forced to drop most of its ground. The diehard Alberta diamond play
supporter says New Claymore is closest thing to a barometer of the play's
sentiment and that the company's conservative style implies that it will
survive no matter what. Mr. Kaiser calls New Claymore an "excellent hedge"
on the diamond play.
(c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com
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