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Gold/Mining/Energy : Bearcat (BEA-C) & Stampede (STF-C) -- Ignore unavailable to you. Want to Upgrade?


To: Ed Pakstas who wrote (1681)10/15/1998 12:21:00 AM
From: Tommy D  Read Replies (1) | Respond to of 2306
 
I have to reiterate that the concept of an efficient market is a fallacy. STF had very little options last year with two potential wells and virtually no confirmed reserves and it traded at $.36 versus $.14 today with many more options. I know we are in a "show me the money market" but the reaction in this situation and in other juniors shows that the market is anything but efficient. As one of my partners put it today, heres hoping that we freeze the Sh*t out of people in North America this winter. Best of luck to those people who are long in natural gas based companies.

Regards TommyD