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Gold/Mining/Energy : WWS.T World Wide Minerals -- Ignore unavailable to you. Want to Upgrade?


To: tango who wrote (657)1/31/1999 8:29:00 PM
From: Nicholas Rainford  Read Replies (1) | Respond to of 784
 
Klaas, before the New Year when the latest quarter was released, the general consensus was this company had no cash left to go on. Maybe with the FRESHfuels newsletter just hitting analyst desks and Paul Carroll stating, "We are completely financed" could have something to do with it. It could have something to do with the court case, FreshFuels newsletter or the uranium price upswing. I am not sure, Klaas. However, I do believe Kazakhstan will not settle until they know they are going to lose the case.

I think watching for daily trading patterns: who's buying and are they buying up (on the close) could help figure out what's going on. The new perception of WWS is that it will not run out of cash for the near future so the share price should find a stronger level and stick.

Nicholas