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Gold/Mining/Energy : Trump's 12 Diamond Picks, Discussions Limited -- Ignore unavailable to you. Want to Upgrade?

To: zedex who wrote (1405)	10/21/1998 12:49:00 AM
From: bill	Read Replies (1) \| Respond to of 2251

Thanks for the link. Be interesting to keep tabs on the objections to ABZ's envir. review. Unless they're joined by the Dogrib or one of the other native groups,I doubt if they'll have much effect. DMM had the roughest ride. There's a lot thatdoesn't need to be done again unless the purpose is simply to be obstructive. Someone posted a note saying that the environmental groups were trying to create paid work for themselves over the period of the review. I don't know if that is valid or not but if that is the way the Fed's and the NWT govt cometo see it, it will discount the intervenors. In good economic times, people are much more willing to go carefully but in poor economic times people are quick to forget about things like environmental impact. They want jobs. I'm not surprised by ABZ's present price. DMM took a terrible beating until about a year ago. It was down to 8 dollars at one time. We should all have been buying it up. Hind sight. ABZ never reached the lofty hights of DMM so it wouldn't shock me if it still takes a dip. What interests me is the short term effect. ABZ does have approx. a third of WSP yet it doesn't move on WSP news. I guess WSP so far is just too small to have any effect on a company with ABZ's capitalization. I'm still holding to my position that something has fundamentally changed. The first inkling of that might be when there was the run up to two dollars. I'd need to look at volumes and price moves for the last six months or so to get an idea of when the perception of what exists at Snap Lake began to change or started to become clearer. Maybe they've got enough data now for the Russians and the German dyke specialist to draw some more specific conclusions about what they're dealing with. Not, perhaps, strong enough to issue a press release stating anything as a fact but maybe strong enough to start taking positions. The OBV and the Bollinger Bands and the MacD all look good. If the OBV breaks past the last peak we should get a real run up in price. We need that confirmation, though.