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


To: TrueScouse who wrote (9624)3/20/2002 2:47:05 AM
From: TheBusDriver  Read Replies (2) | Respond to of 36161
 
<< spoke to the company today>>

Thanks for posting Howy. Got several PM's similar to what you have posted. I still jumped back into GNG too soon, I should know better than to try to trade like this as I am crap at it as you well know. We will continue to be soft in my opinion until they get some good results. (The step change Frank is talking about). I had been sitting at .39 where I thought the stock would settle but when it touched .39 then .40, .41 and finally .42 I thought I had miscalculated.

Did they say how much cash they had? I assume the $1M must still be in place to do this drilling. They will certainly need those warrents after the drilling is completed so they better find something if they expect anything close to .75!

Thanks for the info.

Wayne