To: Steve Stakiw who wrote (3857 ) 2/9/1999 4:46:00 PM From: Douglas Simpson Read Replies (1) | Respond to of 4057
Another one of Roman's famous posts Peoples feelings are manifested in many ways. The news of the day, the traffic in the early morning on the way to work, or the stock prices can influence a person's behaviour that day. When my stock goes up a dollar, it will surely change my outlook for the day. I can handle any difficult stress during that day with that $1 increase per share in my portfolio. Money is power and that is what happened to one ember of the Buffalo Gals, he quit his job because he claimed that he was making $5,000 a day when Fairmile Gold reached a high of $7.00 within three weeks. A lot of us wants to hear good news about Fairmile Gold stock. We tend to reject anything that can make us feel low. If someone says that Fairmile property is just a cow pasture, or that one fund holder is not buying because of the depressed price of gold bullion, we tend to be hostile to the person saying this. Although some of us can also be hostile on good news posted. When, however, a person says that a buy out is imminent in 2 months,we tend to feel good hearing that even though it is just based on somebedy else's observations. If I say that there is another round of talks with the Majors with each one becoming more persistent in getting the Board to talk to them, over 60% of us would feel buoyed up with my news. Hope is life and that is why Bob is alive. I spoke to Delmar Newman this morning and asked him about the shares that RBC is selling at $1.85. RBC though is putting in 5,000 shares each time that when they are exhausted, RBC replenishes it with another 5,000 and that is why (for investors watching for the size of the bid and offer) 5000 stays for the last three days. He said he asked other Fund holders and said they were not selling. In another week there are going to be talks with the Majors. The acquisition manager and his entourage were visiting Fairmile site after Tony Field's discussion with a Major in Reno. If I am buying a property and I see the potential of that property to my holdings, my blood surges, and start seeing the big $ sign. So, I would take notes to make sure that I do not forget what I want to present to the CEO or the Board. Delmar said that Tony Field is anxious, I repeat the word anxious to bring the drill rigs into the property but they want to get some people with experience. People who can tell the sound of the drill bits crunching through the gold ore from the sound of silicious rocks. FLA closed at $1.75 and you know why? At about 1400 EST, someone was offering 500 shares at $1.83 that masked the original $1.85 offer to sell. The person who bought 1000 shares at $1.75 must be pretty happy with his small loot. Delmar was reluctant to tell me what his thoughts were regarding the buy out bid. He said between $6.50-$8.50 CDN at Fairmile's present position. I think that once they have proven up another 100 thousand ounces of gold, it will be a different story.