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Gold/Mining/Energy : Southwestern Gold -- Ignore unavailable to you. Want to Upgrade?


To: TrueScouse who wrote (275)6/7/2002 6:15:49 PM
From: marcos  Read Replies (2) | Respond to of 585
 
That's how i see it Howy, they're still selling ... in the month previous to that release, 25.03.02 to 24.04.02, Canaccord was the big seller of net 424k ... same 08 May to 07 June, net sales 268k ... can't be sure that AGF uses them, but much of the log on the sell side of house 33 looks institutional ... they may use other houses as well

Dundee top net buyer in both periods - 107k in the first, 243k in the latest

I've been continuing to set a few swg aside in defiance of this ... not expecting it to be rocket stock soon, but i don't see a lot of downside risk given the underlying value ... as some of the flakey shakey productions run, a portion of profits taken will go here, i think ... when AGF runs out or decides to stop selling, and some promo comes into the picture maybe, i think it will find a new level somewhat higher



To: TrueScouse who wrote (275)6/7/2002 7:56:24 PM
From: Claude Cormier  Read Replies (1) | Respond to of 585
 
Howard,

Good Observation! Another explanation is that the largest gold asset SWG has is their low grade gold deposit (still in the inferred category) in China. The other noteworthy deposit is zinc. So maybe the stock has move only 30-40% because it does not have a sexy gold asset. Very few understand the extent of their various properties and JV's. Someday a major deposit will be found there.