Grey Wolf GWX - was Cascade COL - ASE Message Board

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Gold/Mining/Energy : Grey Wolf GWX - was Cascade COL - ASE

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To: Enigma who wrote (49)	3/11/1999 4:40:00 PM
From: marcos	Read Replies (1) of 80

Little recovery on axas today - quote.yahoo.com ... now at a double from its low. Sorry I never answered your post, DD, forgot about it .... yes, i think gwx will roll the paper back, they announced their intentions in the same release where they announced the tse listing - greywolf.ca Once they make public the fact that they're thinking about it, they might as well get it done, imho, as it's already whacking the shareprice. Probably good timing, all in all, with positives like the tse listing and a nice trend in Canadian natgas balancing the negative hit of the paper games. Haven't done much bottom-fishing here yet, and shortage of funds is only part of the reason. Sure gwx closed today at twice '99 cash flow, but fde closed at about 1.6x '99 cf ...... maybe it's wishful thinking, but i'll be putting in .12 and maybe even .10 stink bids - yes i want more shares but the cheaper the better ... it's a game for the patient i guess eh ....... cheers ..... marcos

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