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Gold/Mining/Energy : Weda Bay Minerals Inc

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To: Intrepid1 who wrote (92)5/6/1999 11:56:00 AM
From: Surething   of 98
 
Hello etc.,

Very good news release. Great content. If I read it correctly, it implies that an addtl. 120-130 million tons might be contained in the Santa Monica zone. Market reaction? --------------flat line. The market evidently likes high volume and rapid price rise. The manipulators evidently aren't going to let this happen now. They'll be happy for now to shake a few more shares out in this range. The upcoming final feasibility is going to require $$$. I look for a private placement soon. Let's hope that it is not an "in house" deal at these prices.

All the best
Surething
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