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Gold/Mining/Energy : Northern Abitibi Mining (NAI-ASE) -- Ignore unavailable to you. Want to Upgrade?

To: wayne cath who wrote (444)5/12/1998 3:49:00 PM
From: Flea  Respond to of 773
 
They get creamed if they sell amidst the (unnecessary) panic...took three weeks to double when the sell-off ended in December...it'll be a long season of drilling yet...and with any luck, more next year.

GLTA



To: wayne cath who wrote (444)5/12/1998 3:49:00 PM
From: Ed Pakstas  Respond to of 773
 
Looks like their deadcat bouncing...last at 1.46 DML 2.50



To: wayne cath who wrote (444)5/12/1998 3:50:00 PM
From: Winer  Read Replies (1) | Respond to of 773
 
So are you saying that the usual run up to a drill result PR has already been factored in to the share price? We won't see drill results for at least two - three weeks, surely there is a bit of steam left in the "buy on rumour" part of the "buy on rumour, sell on news" format. Or do investors just "sell on news," any news, even an announcement that the drills are turning. Sometimes it's hard to figure out who is clever and who is not clever here!


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