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Gold/Mining/Energy : NP Energy Cp New

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To: J. Nelson who wrote (17571)5/23/1999 10:00:00 PM
From: J. Williams  Read Replies (1) of 22810
 
Can't remember where I heard this but, I heard that there is about 50 - 60 million sh held by insiders and others close to the company.
Leaving the other 35-38 mil to float and churn. Remember back to "96 when the MM's were churning and the volume occasionally equaled the entire issue plus, in one week. That is what I think is happening now.
Remember Jim, there is still a lot of sub $.04 stock being held, including mine which I still hold and have not flipped. For the Stock to move up +.03 means to me that the work of IR and the other promoters working on the Brokers is starting to have an affect.

As for Ken, He might have made an error in that number, regardless an item like that is not going to dampen my spirit. JWMS
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