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Gold/Mining/Energy : El Misti Gold Limited (EMG V) -- Ignore unavailable to you. Want to Upgrade?

To: Ruby who wrote (156)	4/26/1998 4:02:00 PM
From: peter hogan	Read Replies (1) \| Respond to of 513

El Misti Gold (EMG) elmisti.com Last week's update on EMG was that drilling was expected to start on Monday and that speculation should start to gain momentum on this stock. We were right, as the stock moved from $1.49 to $1.85 for the week. That move was based on the start-up of the Sinchao drilling. We expect we will see another wave of activity as the market starts to speculate on some results coming in. It will be hard for even the most astute geologists to predict how the company will fare, so we advise letting the market tell you what to do. We think the stock has a 60% chance of being higher in the next two weeks, but we could see it get cheaper first. Watch for the end of the first wave of profit taking as a possible entry point, like an up day on good volume. per Spec tives perspectives@shaw.wave.ca