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Gold/Mining/Energy : Ontex Resources (ONT Alberta) -- Ignore unavailable to you. Want to Upgrade?


To: DrMyke who wrote (366)8/4/1999 8:35:00 AM
From: Biff  Respond to of 519
 
I agree Doctor. ONT has a good property, and it will not take much to get it back to a buck. One or two good announcements, and about 150,000 shares trading hands and we will be at a buck. Majority of people are holding on to their stock, and are just closing their eyes right now hoping for a lift. I beleive in diversification as well, it smoothens out these drops in certain stocks, and keeps you hopefully in the plus. I might nibble in the 50 cent range, but I do not want to be overexposed to ONT. It is too volatile. Management is busy working on the drilling program, and not paying attention to stock price. I still do think that is the way to go. They should always be concerned with their price. At least support it at 80 cents, make the investors happy, or at least comfortable!!!