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Gold/Mining/Energy : Claude Resources TSE.CRJ Undervalued Junior Gold Anyone? -- Ignore unavailable to you. Want to Upgrade?


To: Claude Cormier who wrote (207)5/17/1999 6:40:00 PM
From: Gord Bolton  Respond to of 359
 
Message 9571206



To: Claude Cormier who wrote (207)11/2/1999 2:36:00 PM
From: Tom McIlwain  Read Replies (1) | Respond to of 359
 
CC:

Any ideas on why the tremendous drop in share value since the financing? I am amazed at the drop in share prices of a number of mid sized gold companies which I had thought offered good value (VOY would be another example). Many are trading lower now than when gold was $350.

The only explanation I can come up with was that there was an excess of margin buying on a lot of these stocks following the announcement by European bankers.

Thanks,
Tom