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Gold/Mining/Energy : Cartaway resources -- Ignore unavailable to you. Want to Upgrade?

To: Zardoz who wrote (2250)	12/5/1998 10:19:00 PM
From: Jimsy	Respond to of 2505

Hutch - I'm sort of interested in the puts and calls scene. Relative to your above post, what is the contract cost, and roughly how much moula you maka outa dat now . Could you give me a brief lesson on the strategy of this. I'm daytrading the S&P using Tradestation so know what thats all about, plus buying selling stocks, but never done puts and calls. I sort of understand that you buy puts if you think the stock is going down, and calls if you think it might go up. After that I'm pretty dense.

To: Zardoz who wrote (2250)	12/6/1998 12:53:00 PM
From: cruncher	Read Replies (2) \| Respond to of 2505

Hutch: I agree and disagree with what Supervalue has to say. As far as their chances of discovery at 1000 is quite possible as stated in their annual report. An independent geologist did some down hole geophysics and mentioned that the chances were better as they went down. What I find interesting is that they have never gone down to see what was there even after that report. My opinion is that CWA is waiting till after the hole investigation is done with after the run up that got all the principles in trouble and not before and meanwhile the shareholders suffer. Only a Opinion cruncher