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Gold/Mining/Energy : ORXX - Orex Gold Mines Corporation -- Ignore unavailable to you. Want to Upgrade?


To: Ga Bard who wrote (533)8/18/1999 9:33:00 AM
From: Chuca Marsh  Read Replies (1) | Respond to of 2392
 
Gary, if ONE were to add the OLD MMDL shareholders into the FLOAT, that MIGHT expalin the differances. Both Char and Richie and I ( and many others) had heard elsewhere over the last few years, how fickle the old Guildmark and such shareholders were at anothger Gold Comapny that was hit down to 10% of its high last year. Strange - it recovered briefly yet the facts is, the old holders CAN SELL, correct me if I am wrong, and if they ( old MMDL Guys and Gals) put their 3 million shares into house names, the brokers and MMs "CAN" short against them.
This is the varible in the ORXX / MMDL equation. That is not talked about ONCE in all the discussion. I have to gpo out for a good part of the day, as planned. I am long now on ORXX and HABE, but; rampent speculation must be mitigated with more understanding than EVERYONE saying...we hit a bottom....my A$$...has been spanked. Can be again.
Chucka