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Gold/Mining/Energy : Rock Resources -- Ignore unavailable to you. Want to Upgrade?


To: the Chief who wrote (445)11/23/1998
From: c.r. earle  Read Replies (1) | Respond to of 1996
 
To all,

I would think that this stock is susceptible to tax loss selling, although for anyone wanting to get back in the days are drawing to a close quickly. So that remains a concern, this is probably only applicable if no positive announcement is made.

Typically at this time of year, most companies unless they are in the middle of a very good drill program (ie. have come up with impressive grades and climate allows) will not use the end of the year to really try and mount a promotion.

That is the intriguing thing about the market you can more or less make a credible argument regardless if you are positive or negative a stock. For ex. others have commented that there are very little shares available at these lower prices, that is true. But I also view it in this manner, there is not enough interest or believe in this stocks potential to drive the price higher either.

A very good point to remember when playing with these very speculative stocks, they are priced at the levels they are (now before I draw a chorus of booooos let me clarify by saying..... most companies!)for a reason.

Now I am not trying to be negative, I fully expect the stock to move up in price in the new year, and possibly during the latter part of Dec.

Good Luck to all

Regards