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Gold/Mining/Energy : AFRI "African Resources, Inc"
AFRI 11.03+1.7%3:59 PM EST

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To: MoneyBaggs who wrote (1111)4/16/1999 6:46:00 PM
From: michael john stout  Read Replies (1) of 1151
 
Moneybaggs- Are you still in this? I recently sold my position for the short-term but will probably get back in in the future. I spoke to Rick today. Told him about the rumors going around on Yahoo, etc. He didn't know where they were coming from. Said there is a news release coming out next week. Obviously couldn't tell me exactly what was in it. Said a name change was involved and I have heard that mining may be discussed but he did not tell me this. Rick seemed very positive about where the company is going and said the future looks bright. It seems somebody is trying to make a pump and dump out of this, I have seen a number of different aliases on Yahoo that are suspiciously similar. Float is currently about 3 million, including the 1 million from the Chase situation. I get the feeling there may be some false information starting up if this stock gets going, best thing is to call Rick to confirm it so you don't get burnt.
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