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Gold/Mining/Energy : Napier International Technologies Inc. (T.NIR) -- Ignore unavailable to you. Want to Upgrade?

To: Ginco who wrote (645)	6/26/1998 3:35:00 PM
From: chris	Respond to of 2444

Sorry i didn't respond to private messages earlier, I just figured out how to use them,(thank Reg.) Oh yeah, somethings up. News has leaked, right David! ha ha. Just wait for the short covering on Monday. Will break 3.00, guaranteed.

To: Ginco who wrote (645)	6/26/1998 3:49:00 PM
From: David in Ontario	Respond to of 2444

Gino - shorts may be buying big time to reduce potential losses I suspect that the shorts have thrown in the towel and are buying big time. With the third quarter financial statement due on SEDAR next Tuesday (30 June), and with the 'big News' just around the corner as we've ben told for a while now - I suspect that the News may be released next week. Tuesday would be a good day - trading halt in the AM - News release during the day - Wednesday is a holiday so time to absord it's impact - Thursday - NIR released for trading and BOOM - institutions fire up with their bidding war and buying frenzy once NIR passes $5.00 - when it is then no longer technically a penny stock. I presume that the shorts have decided that it's just getting too close to the wire now. Their potential lossess are unlimited - which is the huge danger of taking a short position. I suspect that they are buying big time now - at whatever they can get NIR for in the market. Some shorts may have a small profit (+$3 guys) but the sub $2.50 guys are buying at a loss. Better to do it now, absord the loss - rather than to get obliterated within the next few trading days - if they retain their short position. If I were shorting I would buy as much as was necessary today to cover what I borrowed from my broker. Monday's short numbers on Stockwatch for NIR will tell a very interesting tale I suspect. You may see that 280,000 share position on the short side reduced substantially (well that's what it was a day or two ago) Just my take, David in Ontario :-)

To: Ginco who wrote (645)	6/26/1998 5:48:00 PM
From: Greg from Edmonton	Read Replies (2) \| Respond to of 2444

Let's re-cap some of NIR's fundamentals. NIR upsides: Decent volumes and price (out of penny-stock territory IMHO) Methylene Chloride (active ingredient of traditional paint strippers, very toxic and a known carcinogen) regulated out of use by August 1998 according to past NIR news release. Napier's SV-35 stripper products are a direct replacement and are much safer, effective, and easier to use (less safety equipment required). Spectacular market timing for the SV-35 products. Recently we have had a significant price climb with no official news yet (we are still expecting an official release of the imminent good news). Quarterly report may be due by next Tuesday as David suggests? Apparently the company's financials are now "out of the red" and this may be reflected in the Quarterly Report and subsequently in the stock price. NIR Downside: I have information that ICI is bound to use another company's products for marine applications until 1999. I am unaware of any other environmentally-friendly paint strippers that are even remotely as effective as SV-35, let us know if anybody finds any. That's it. I can't seem to find much other bad news. Just scrutinize the insider selling. What percentage of his NIR holdings did Brad Aelicks sell? Less than 33%? I'm OK with that. Nothing wrong with taking some profits, I would consider it myself. I am presently doing some bodywork on my summer car, and am seriously considering using SV-35 to strip the paint, at least in some areas. But first my more immediate concern is replacing a few rust spots with new metal. I will see if I can get a gallon or so of SV-35 to start, I would like some more information on SV-35 shelf life before buying a 20-liter pail (5-gallons) of the stuff. An Aquasol solution will surely be used to clean the surfaces before applying primer. Recently my Dad's neighbor has been using a traditional (MC-based) paint stripper to re-finish a few automobile parts, it was messy stuff. The paint was dissolved into a mess of what looked like little eraser shavings. MC is toxic, evaporates rapidly, and often requires several applications to do the job. I've also seen several samples of the SV-35 stripper working, it's neat stuff. Here I will assume that the Aquasol merger is a done-deal (it certainly seems that way) I have learned from a Napier employee several weeks ago that Ford has some dealings with Napier. From the information so far, I assume that it focuses around the Aquasol product being used on the assembly lines for cleaning applications. My opinion, the other members of the 'Big Three' might also check this out. We may have found a cure here for the GM paint disease (I'm sure you've seen it, especially on dark-colored GM vehicles). Aquasol might improve things if used on the assembly line IMHO. GM is not the only guilty one, just the most obvious. Check out the General Motors Bad Paint FAQ: tracey.mccartney.net I would like to experiment further with Aquasol / Hydrosol to see how it performs for other applications, many of which currently use toxic or quite harsh chemicals. My current application testing list: Carburetor cleaner Engine degreaser Oven cleaner Wheel cleaner (brake dust removal?) Removal of tar, bugs, tree sap from paint Also I wonder if one of the SV-35 stripping products would be a good alternative for nail polish remover. The current nail polish removers smell harsh like paint thinner. PS, you guys at SH (hi guys!) can lay off Lentils now. He did bring a few valid technical concerns to the discussion (e.g. insider selling levels), even though he did not bother to contact any of the players involved. If he did not hold NIR long then he is probably now off whimpering in a basement corner somewhere. However I don't think Peter Joseph provided any useful information (just noise).