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

To: paul ross who wrote (298)	11/7/2002 10:58:54 AM
From: m.philli	Respond to of 585

If this latest round of trading that started last week "is" related to the trading of the recently released escrow shares, one would think the seller/s would be trying to obtain the best price possible. In my opinion though, I feel that the purchaser could very well be SWG itself. They do have a buyback program in place, I think it has restrictions attached, perhaps 200,000 in 3 month period. It sure appears that SWG was "walked" down from the $3 range that ran all summer (large volume of trading in that price range). Interstingly ARP had the same type of price drop. ARP has experienced recovery of about 50% while SWG remains near its lows. It is possible that the tail end of the selling is used to "walk" SWG share price back up. Making an "average" trade price of $2.50-$2.75 while the stock itself could easily run back to the plus $3 range. Interesting to watch how it plays out.