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Gold/Mining/Energy : Amalgamated Explorations (AXPL) thread 2 -- Ignore unavailable to you. Want to Upgrade?


To: M. Mistry who wrote (185)4/2/1998 12:46:00 PM
From: Jeff Williams  Respond to of 269
 
MJM: I don't know where the $16 objective comes from, but if you believe their technology works, and given enough time, why not $160?

Yes, from talking with Jon Vaux, they are going to become a fully reporting company and get themselves removed from the so-called "designatefd securities" list maintained by the SEC. This is a big and important step for them as it will allow brokers to recommend the stock to their clients which they cannot now do (legally), and judging from the volume, none are.

Regards,

Jeff