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Gold/Mining/Energy : Position Trading in Canada -- Ignore unavailable to you. Want to Upgrade?

To: 24karat who wrote (641)	1/28/1999 10:09:00 PM
From: cash money	Respond to of 2259

Check out VNE on the ASE. Up.50 to 2.05 this sucker has been flying all week and it should continue tomorrow. There are rumors out that VNE has signed a deal with a big US company. People are saying that news will be out next week. Best of luck Cash Money.

To: 24karat who wrote (641)	1/29/1999 12:10:00 AM
From: Kevin Hamlin	Respond to of 2259

Ya, been watching DMW all day. It's been driving me nuts! As soon as I saw it starting to move I went and checked everywhere I could to find out why. I couldn't find out anything. Even talked to the company regarding the possible reopening of the mine as they said "by the end of January". Their response: Delays...taking longer than expected, blah, blah blah. Then add in a little civil war going on right in their back yard. Like I said....I don't know. Can't figure it out. Either something is in the works, or this thing just got a life of its own today and will come back down hard and fast. If it is up on a drift that "news is coming"....well...I would place my bet that the news is bad rather than good. The only thing I could possibly think is that they got some kind of cash infusion, since they are in definite need of cash...but I don't know who would be putting up money for them right now given the current situation there. Good luck and best wishes for those who are in. I hope you get a good run. For me right now...DMW and their problems that they are dealing with on so many fronts just makes it way too hot to handle. I have to look at this on a risk/reward basis. It is too easy to say "ya, but look at the reward!!!". Doesn't matter. If it doesn't fit the risk equation (my own), then I won't do it. If you play it the other way around, looking at the reward and "rationalizing" (ignoring) the risk, sooner or later, you're washed out! Cheers, Kevin