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Gold/Mining/Energy : Steppe Gold (SPE:V) -- Ignore unavailable to you. Want to Upgrade?


To: Robert Dydo who wrote (590)1/30/1998 1:13:00 AM
From: brian krause  Read Replies (1) | Respond to of 1248
 
Robert, don't expect to much until technical and legal dd are done. There may be some out there that are afraid that Standard Bank of London will pull out. For those that think otherwise this is a buying opportunity. Wish I could buy more but with better than 60,000 shares my plate is full.

Looking at the bid ask over the past few days I would say that the sell is done as a co-ordinated effort to keep the price down.They are not moveing just sitting there day after day.

If there is good news about Indochina Goldfields in the next week we may see upward movement here. I feel the market has already priced in a negative.

One positive thing. Anyone wanting to sell for cash needed at end of month has done it already as there is the three business day settlement thing. And there will be all those paychecks looking for a place to go :-)