Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Red Sea Oil Corporation (RSO) -- Ignore unavailable to you. Want to Upgrade?

To: Donald Lickman who wrote (110)	2/9/1998 2:49:00 PM
From: humblepie	Read Replies (2) \| Respond to of 332

The Facha zone throughout the area is one that must be tested on pump. This zone apparently contains a small amount of h2SO4 and must be tested with the equipment capable of handling this type of gas. This should not be any problem, but will require time.

To: Donald Lickman who wrote (110)	2/12/1998 11:40:00 PM
From: Roberth	Respond to of 332

I still maintain that regardless of the potential of a project the market signals are the most reliable method of deciding when to get both on and off a stock. I guess this is because impending poor news can be seen by the excess selling. This was why I was saying earlier this month that without strong buying at the 3.65 resistance plateau the share price could not move much higher. I sold my position at 3.60 when the buying subsided, hunching on the possibility of less than exciting news. Now we should see the stock settle at the 2.70 support plateau and if it can hold that I might consider buying again. It's a waiting game for the next few days until we see how many others are going to unload.