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Gold/Mining/Energy : first star energy FST on the ASE -- Ignore unavailable to you. Want to Upgrade?


To: Werlick who wrote (658)1/8/1999 2:42:00 PM
From: RIK  Read Replies (1) | Respond to of 754
 
Werlick ,

my interpretation….

High profile company with one(1) high impact exploratory prospect drills mediocre well in terms of market expectations………..stock tanks ……….new investors enter the picture [possibly acquiring a significant position during tax loss season] ………new investors support flow through share offering ……..new investors support acquisition of joint venture partners interests by a unique and innovative ‘option deal' which has to be reviewed by the appropriate regulatory bodies