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Non-Tech : Sungold Gaming International (SGGNF) -- Ignore unavailable to you. Want to Upgrade?

To: David Fedorkiw who wrote (2244)	6/11/1998 12:59:00 PM
From: kidl	Respond to of 5164

IMO the initial volume was no surprise at all. Two strong groups had been formed during the lengthy and for most of us unexpected halt: The selling group: Most likely investors who got in late in the game somewhere between $10 and $17 (Can./pre split) anticipating a quick double who suddenly ended up with a large portion of their investment capital stuck for much longer than they had bargained for. Another, maybe smaller group, were those sellers who simply wanted nothing to do with BB pink sheets. The buying group: It was widely known that the company used the lengthy halt to assemble a strong support group of investors (mainly from the US as I was told) ready and willing to pick up whatever volume of shares would be dumped by the two selling groups. I doubt you'll find out more by calling the company; many of us have tried and been told that news are imminent. But let's not get into that one. kidl PS.: For what it's worth...IMHO all projects are progressing well and maybe one day soon the company may even confirm this.