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Gold/Mining/Energy : Greenstone (GRERF) -- Ignore unavailable to you. Want to Upgrade?

To: Steelguy who wrote (69)	8/17/1998 11:17:00 AM
From: Phil Cressman	Read Replies (2) \| Respond to of 138

Now we know why the short interest and reason for falling price! The company told me the quarterly report due this week will be good so that should help bring the price up over $2.10. The fact that the deal was a bought deal gives me confidence that the bottom has been reached as brokers want and can in this market demand the best possible pricing. It was interesting today to see large blocks trading at the $2.10 which I assume was funds disposing of positions. Does anyone else see a 15 to 20% increase coming shortly. My reasoning is that a placement such as was done is usually at such a discount and surely the price won't stay low long. Maybe just wishful thinking as there is still no sign that POG is due to rise.