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Gold/Mining/Energy : Gammon Lake Resources GAM-TSE -- Ignore unavailable to you. Want to Upgrade?


To: Lorraine R who wrote (30)5/7/1999 8:59:00 AM
From: Buckey  Read Replies (1) | Respond to of 116
 
I do a lot TA on these stox as I really have little else to go on. I have followed GAML since dayone and only bought this week. I am concerned a bit that the volume has tapered and that will result in a drift downwards.

However, having said that, this appears to be far from a pump and dump so commonly associated with Canadian Exploration Mining companies. They seem to have a focussed approach to this project and obviously the market has been impressed so far.

Also Burnside park is far from Howe street and seedy side of Bay Street. OTC stox are easy to manipulate but from my limited experience they do not seem to be at force here. Normally. if manipulated, we would see wild swings up and down and big spreads as the MMS played their games.

I also have a comfort level with the people behind the company ( even though the new Chairman is a former politician and lawyer).

This is a RRSP buy for me as I think we have some long term potential