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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: Roebear who wrote (2629)	10/10/2001 10:03:39 AM
From: isopatch	Read Replies (2) \| Respond to of 36161

GLG this AM.....#&*@&!%!$%<lol> Well Lord knows, and you know I tried repeatedly to lighten up on the critter in the final 15 minutes yesterday, Roebear. Geez Louise!! Just a routine hit the bid sale when it showed a lot more than even I wanted to sell @ 3.63. Damn automated phone broker. ARGH!!!!. GLG immediately headed south and closed @ 3.55. AND per my seat of the pants tape read critter has already hit the first significant support level this morning @ 3.22. DANG!! Well troops, as you can see, Isopatch has the occasional uncontrolable bump in the road, just like everybody else. IMHO, it's just as important to share these experiences as it is the successful trades. Important thing is to get over it quickly and just MOVE ON. So not to worry folks, I'm cool about it. Just wanted to make the post a bit entertaining to convey the fact the crying towel isn't in use<g> These little glitches are part of the trading game. Just vent a tad if you have to and then FO-GET about it. Here's what the specific ST negative news that the tape action in GLG was signaling in recent days and by late yesterday was hitting ole Iso upside the head<g> quotes.freerealtime.com Glamis Gold Ltd. Announces Filing Of Prospectus For C$ 40,000,000 Bought Cross Border Equity Offering RENO, NEVADA, OCTOBER 10, 2001 (CCN Newswire via COMTEX) -- Glamis Gold Ltd. (Glamis) (NYSE, TSE - GLG) today announced it has entered into a financing agreement with Research Capital Corporation, BMO Nesbitt Burns Inc. and National Bank Financial Inc., whereby Glamis will issue and sell on a "bought deal" basis 8,000,000 common shares of the Company, at a price of Cdn$5.00 per common share (the "Offering Price"), for total gross proceeds of Cdn$ 40,000,000. Glamis has granted to the underwriters an option, exercisable in whole or in part up to 48 hours prior to the closing of the offering, to acquire 2,000,000 additional common shares at the Offering Price and an over-allotment option, exercisable in whole or in part, to acquire an amount of common shares equal to 15% of the shares sold under the offering at the Offering Price until 30 days after closing of the offering, which is expected on or about October 30, 2001. The net proceeds of the offering to be paid to Glamis on closing will be used to finance the costs of the Marigold Millennium Project development program. Seriously, IMO, the news based weakness is a good buying window for those of you out of the critter or "high in the water" in terms of how full your boat is. Cheers, Iso