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Gold/Mining/Energy : $0.50 & UNDER (Short term trades) -- Ignore unavailable to you. Want to Upgrade?


To: Ed Pakstas who wrote (741)3/5/1998 12:54:00 PM
From: chevalier  Respond to of 783
 
Ed, I think that it is time for me to update my 3 picks from last month which you added to the weekly tracker.

1) Tiger TGR has really taken off from a recommended price of $0.45 to a close yesterday of $1.08 a very low volume. This company has a diamond property in Australia and feels comfortable assuming that there are diamonds on the land. The question is are they gem grade or industrial grade. Dr Wills has been added to the board most recently and this is very significant. He was one of the original finders of the Argyle Diamond Mine in Australia which is the largest in the world and accounts for nearly 1/3 of world supply. I suspect that he did not join TGR expecting to strike out.
The really fantastic thing about TGR is that they have only 4.1 million shares and $1 million in cash. Therefore the market is giving this project a spec value of only $3.2 million. Compare this price to other companies that have early stage diamond properties of merit like LXM or PAS or FML and you will see why TGR should be priced higher than it is and why I continue to believe that it is still a strong buy. This deal is still virtually unknown.

2)Consolidated Van City Marble CVB has moved from a recommended price of $0.05 to $0.09 with relative ease. Not much new to report here except that a PR group has just been hired to give it some promotion. The fundamentals of this company speak for themselves. It is worth a look as I expect to continue to trend upwards throughout the year. For you the traders out there, Greenline appears to be shorting the stock at every uptick and would think that they have a significant short position at present. A short squeeze could happen soon as this stock is tighter than most people realize. The float is only about 3 million shares and would assume that it would only take about 300,000 more shares of buying at the most to clean this stock into the teens. I expect this to happen soon.

3) Dalton DAL has not moved in price. They are currently drilling and I expect the speculation to heat up sometime over the next 30-40 days or so.

Good trading

Ari



To: Ed Pakstas who wrote (741)3/5/1998 4:57:00 PM
From: Trappist  Read Replies (1) | Respond to of 783
 
Thanks for the info Ed.

Will definitely keep a watch on this one.

Trappist



To: Ed Pakstas who wrote (741)3/10/1998 4:17:00 PM
From: CharlieChina  Read Replies (1) | Respond to of 783
 
biz.yahoo.com