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Gold/Mining/Energy : Exploratory Mining Companies getting ready to EXPLODE -- Ignore unavailable to you. Want to Upgrade?

To: Robert who wrote (3)	6/26/1998 12:26:00 AM
From: Jetter	Read Replies (1) \| Respond to of 99

Robert, Nice site... Take a look at ALDM. Take a good look at their latest PR. They are in the middle of what I think will be the short squeeze of the year, and on top of that they are sitting on $800mm (their share) of a concession in Africa that will be online this fall. To squeeze the shorts they are retiring their current common shares, they are issueing two new classes. As a shareholder of record by June 30, you will receive a common share and a preferred as a dividend. By retiring their current common shares (current float is 550,000 shares) they will force all shorts to cover (current short position is calculated at 2mm shares short). I've been in this since $.25. Should be very interesting from here on in. Book value on this one is betwee $4-$5.00 per share.... Scott