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Gold/Mining/Energy : Mountain Lake Resources Ltd ( MOA) VSE
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To: Peter H. who wrote (284)3/10/1999 12:06:00 PM
From: peter dumbrille  Read Replies (1) of 598
 
Peter,
Seems we are alone but much better this way with some responsible folks to talk to. Have you seen the Bid.Com thread. Hundreds posted daily and, like our African field, not many jewels, I'm afraid.
I wish I knew more about whether a lack of trades, as you say, would preclude a buy out offer, but the other day in following a unit trust that I hold (WTE.UN on T) all of a sudden out comes an announcement that Jim Pattison bought 300,000 odd shares. What happens? The stock drops. How can that happen without driving up the share price, unless the company issued a whole pile of shares just for his company? Is nothing sacred?
Cheers.
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