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Gold/Mining/Energy : Parkcrest Explorations Ltd. (PKC) Harken (HEC) partner -- Ignore unavailable to you. Want to Upgrade?


To: Jeff who wrote (154)6/25/1998 11:06:00 PM
From: Ed Ajootian  Read Replies (1) | Respond to of 261
 
Jeff,

Thanks for getting that up here. I think Strain was only a few weeks from the bottom. We've had several straight up-days now, with relatively high volume.

Considering no news is due out this is very bullish IMO. PKC may pull a rabbit out of a hat yet. I believe we will find out pretty soon whether they have been successful in farming out the Escondido acreage.

They are just a week or so away of getting their prospectus cleared to get some of last year's privately placed stock to be freely tradeable. Since that stock was mostly issued at either $1.10 and $1.75, it seems unlikely that that stock will dump into the market at the current quotes.

I believe that Yorton is just waiting for the prospectus to clear before putting out a very bullish report on these guys.

I believe you bailed out of some or all of your position at prices not much higher than the present ($.67). But this may not be a bad time to jump back in IMO.