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Gold/Mining/Energy : Angoss Software Corp. V.ANC
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To: Jim P who wrote (482)4/10/1999 10:41:00 PM
From: Andre Koluksuz  Read Replies (2) of 1006
 
Thx Jim for putting the WEb address here. I think everybody should read that report.

By the way, there should be a lot of interest to the AGM this time. I will certainly be there..

The only reason such activity happens very suddenly in ANC type micro caps, is because nothing happens for a loooong time. Nobody cares to follow small companies. People have been obsessed with blue chips for the last 5-6 years. But, once some big buyer jumps in, everybody follows (herd mentality). Now wait till this stock hits a buck or so.. Our beloved analysts will even start covering it.. They can't cover it now, because they are just too busy buying. If anyone is following, check KCA on Toronto. Went up to 1.60 from 60 cents a couple of weeks ago. Now National Post and "several" analysts started to recommend the stock.

Another example is Dion Ent. (DIO, Toronto). It was hovering around 7-10 cents until couple of months ago. One day it starts moving suddenly and hits $6.35. Now it is back around 3.5-4.0 dollars. An incredible return for a company with no earnings yet. Why wouldn't ANC go to 6 dollars.

Next week will set the tone for ANC. We'll see if this move has substance to it , orr it is just speculation. Looking at the trades last couple of days(specially Friday), it was not Cannacord or some Alberta based broker buying it. It was Nesbitt, TD, Midland, Scotia... all the big boys. And over 3 million shares;doesn't look like speculation to me.

Good luck all..:-)))
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