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Gold/Mining/Energy : UNDERVALUED CANADIAN COMPANIES -- Ignore unavailable to you. Want to Upgrade?

To: philipah who wrote (170)	3/26/1998 10:07:00 PM
From: B-MAN	Read Replies (2) \| Respond to of 248

Hi Philipah, In terms of "little market support", most of the outstanding shares are bound by lock-up agreements (over 60% of them) so most of the institutional placements are bound by these agreements. Also the management of the company owns more than 60% of the company and are bound by these lock-up agreements. In terms of more news, I believe tommorow there will be a press release about a new acquisition. You can buy on rumour or fact. My proof will be in tommorows press release. Today SLM closed at 10.40. P/E valuations should make this at least a 13.00 stock, that is before the earnings release in April of course.... Best of luck to those Long SLM. B-Man: the rookie