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Gold/Mining/Energy : Geodex Resources - GXM.V (was Agate Bay ABE) -- Ignore unavailable to you. Want to Upgrade?


To: Baywall who wrote (127)5/19/1998 2:51:00 PM
From: Joseph LEE  Read Replies (3) | Respond to of 210
 
Hi Leonas

One of the market signs I've been waiting for is a sudden price plunging downward with "volume" breaking out the low. This is one of the way MM use to create panic among small speculators running for the exists at the same time indiscriminately just before a stock trend is reversed. This is a time I would step in and buy up all
cheap shares. This system works for me alot of times.

good luck



To: Baywall who wrote (127)5/23/1998 4:30:00 PM
From: Hugh M.  Respond to of 210
 
Leonas, I am thinking about taking taking a position in this company, could you please confirm a few items for me.
1. Kaiser at one point thought this could be a $10.00 stock, based on the pre-consolidated ABE shares, and the potential of Chimborazo. Will the company let the option on this property expire, or is it still in its active stable?
2. When Inmet was involved, 3 million US was mentioned as the amount needed for option payments and drilling funding. Is this still correct, and if so, what do you think the chances are of them closing such a deal?
3. Is there a possibility of a new jv partner for this project, it would save a lot of dilution. That copper property had amazing potential, and was even written up in Investor's Digest, do you still feel it has the same potential?
Sorry to put you on the spot, you seem to be very current on company news. Any information you can provide will be appreciated.

Hugh

That sounds like an interesting book, could you share the title.