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Gold/Mining/Energy : Noble China (NMO) on TSE. Chinese Brewery Stock -- Ignore unavailable to you. Want to Upgrade?

To: mick who wrote (102)	3/12/1999 3:09:00 PM
From: Mario Gallant	Read Replies (1) \| Respond to of 248

I don't think it will be too hard to determine who they are using once they start with the buy back program. So far they have all been small trades of a few hundred shares to a few thousand. Once we start seeing larger trades regularly by the same company then we will know. The company already confirmed that they have not started to buy yet. We have already seen a good run up from $2.00 to $2.85 which is a 42.5 % increase. And this without the company buying back one single share. I think the buy back program itself will add substantially to the share price and if the Northern Brewery issue is resolved as I suspect it will then we have even more upside potential. The enforcement of the decision against the former CEO is something else that could add value to this but I would not expect anything from that issue for some time. Regards, Mario.