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Gold/Mining/Energy : Queenstake Resources (QTR.T)
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To: MF who wrote (1789)1/26/1999 7:32:00 PM
From: Brumell  Read Replies (1) of 2249
 
Thanks for the info, MF.

I didn't know Doris was in Peru and it would make sense that we won't hear anything until she returns. She indicated to me several weeks ago that we should be getting results by the end of January.

FWIW you aren't alone in being surprised that QTR fell below .40 before Barrick results. I thought we probably had support at that level but it was not to be. Some could argue that the continued weakness is a bad sign of news to come. Ordinarily I'd probably agree except QTR has appeared very concerned about issuing accurate information. I've had the feeling they were concerned about outside manipulation and consequently kept their cards very close. Their news releases were the first I've noticed to declare they were the only source of valid information. Found that interesting. Anyway, the resulting lack of news and rumors may explain why some are still selling. Hopefully we get some answers next week.

B....
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