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Gold/Mining/Energy : Royal International Venture RIL.V (was Labrador Int'l LAB) -- Ignore unavailable to you. Want to Upgrade?


To: Ed Pakstas who wrote (318)3/3/1998 6:49:00 AM
From: Ed Pakstas  Read Replies (1) | Respond to of 3380
 
TO ALL: Just for your info: CC is as of yesterday net approx: 458K... Since Jan 1/98...

...ed



To: Ed Pakstas who wrote (318)3/3/1998 7:07:00 AM
From: Ed Pakstas  Respond to of 3380
 
TO ALL: A couple of thoughts...((early morning silly's)...

One would have to keep in mind that there was a complete change in directors for the LAB, last fall... One reason why this puppy didn't react to all the action in the SVB as well as the other JV partners did, could be the fact that all the old insiders unloaded all their stock in the .40 to .50 range... Thus the 52 week high of .56...

Another thing to keep in mind is the fact that the new directors have recently granted themselves 1 mill options at .26 or .27 (can't remember the exact number at this very minute)... We can probably expect that to come out in this price range also...

Therefore we have a double whammy facing us in the .40's and up...

IMHO: If it breaks out into new highs during the next couple of days, the company is going to either get halted and/or will be forced to put out a news release...

If the news release lives up to 50% of the rumour posted on this thread... LOOK OUT!!!...'Cause we're gonna be B-A-L-L-I-S-T-I-C....

...ed