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Gold/Mining/Energy : Great Basin Gold GBG.VSE (merger of Pacific Sentinel Gold) -- Ignore unavailable to you. Want to Upgrade?

To: SnakeInATuxedo who wrote (155)2/8/2001 9:22:11 AM
From: Enigma  Respond to of 317
 
Eloquent and true! I wonder, though, if the problem here is that not many analysts follow this stock? And these guys like CDNX listings apparently. It isn't just that of course - there has to be a degree of promotion too - PFG did OK in the market until the disaster of the actual drilling. So I'm not quite sure what to make of this one. NDE-v had a little flurry for a while and may yet come to life.



To: SnakeInATuxedo who wrote (155)2/8/2001 11:38:17 AM
From: russwinter  Respond to of 317
 
The payoff in stocks like GBG will be the deal or the takeout. The trading market is so non-existent now that I can imagine a situation where we get no price action clues whatsoever even days before a high premium buyout is announced. One could even argue that the stock might even trade flat AFTER A BUYOUT IS ANNOUNCED THAT IS FOUR OR FIVE TIMES higher than previous levels. That's a little tongue in cheek, but illustrates my point.


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