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Gold/Mining/Energy : Goldnev Resources (V.GNZ)

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To: Steve Fitzpatrick who wrote (16)2/25/1997 7:45:00 PM
From: Tim Demitor   of 47
 
The block trade ov 1.7 million shares was a tax cross. In November there was a cross for 1.7 million shares. 30 day min. to declare capital losses. After 30 days you can regain your position and still claim the tax write off. I spoke with Wayne Morgan at Prime Equities and he is waiting for a news release re: The Canarc/Goldnev exploration program. Wait Wait Wait......I'm not worried since the graph on this one has been flat for 18 months. Something has to happen soon. Those $.79 warrants expire on May 8, 1996. There are 5 Million, if I'm correct. If this thing isn't in the $.80 range by April It means they are doing sweet @#%! all or they don't want to dilute the float any more than it is. Speculation. I'm glad to find some other people in on this one. All comments and corrections are welcome.

Tim
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