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Gold/Mining/Energy : GOLDEN RULE (tse:GNU)

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To: Neil Irwin who wrote (26)2/27/1997 11:08:00 AM
From: bigdude   of 957
 
Neil, thanks for update.... On the topic of trench results, word out of Ghana is that due to logistical problems, the guys on the ground missed a block of time allocated to them for assays. That means, our trench assays will be released later than expected by up to 3 weeks. These things happen.

I continue to work on a geological framework, but this appears to be quite different than anything I have read about in that region. My thoughts going forward is that the trenching results will be similar to what we have seen thus far and that the stock will rally into the release of results from the drill program which is a long way away. My advice from a trading point of view is to buy on quiet days when the stock is weaker ( more than you would normally buy ) and then sell into the drill result anticipation rally. That way one has some downside protection if the drilling is disappointing, yet a large amount of upside too! Just my thoughts

Again, we threaders must realize we are the founding fathers of a thread that will explode in activity over the next 6 months. This stock is primed for a lot of excitement. There are a lot of eyes on the stock (including hostile major mining companies) and they are all waiting for results. By the time the drill results are here, the game will be over, unfortunately, and the geological model difficult to predict, so it is difficult to bet the farm on this one.
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