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Gold/Mining/Energy : Canabrava Diamond -- Ignore unavailable to you. Want to Upgrade?


To: russet who wrote (1108)4/14/1999 9:56:00 PM
From: Confluence  Read Replies (1) | Respond to of 2402
 
Hello russett,

Are you the great hype machine or just the potato guy today? ;)

Geez, I just don't have enough information to understand what happened. The SUF folks apparently have no knowledge of the almost simultaneous market activity today. Strange, but possibly just coincidental.

I don't think that SUF was behind the buy today, mostly because of the big payment due on Monday for Camafuca. While this has been expected, it surely does not leave SUF in the position of feeling cash rich, to the point of ponying up over $2 million today for stock that will likely respond to results that SUF will deliver.

Why wouldn't the buyer of the stock have taken the PP deal? Surely it had to have been offered to him. Leaves me to think that the buyer was an insider, or wanted free trading stock, or got rooked.

I can't remember being this confused about developments.

Regards,

Confluence