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Gold/Mining/Energy : ABER RESOURCES -- Ignore unavailable to you. Want to Upgrade?

To: .Trev who wrote (1430)	6/1/1999 8:50:00 PM
From: bill	Read Replies (1) \| Respond to of 2006

Wasn't much volume but those who wanted out, wanted out in a hurry. Maybe hit some stop loss. A lot of people jumped in around 11.00 dollars the other day. Now they're cutting their losses. Dont' think it has anything to do with the time of year. We should all be out of the pennies in May. The season is over for spec drilling. But ABZ doesn't depend on the finding of another pipe to move its stock. That will happen with news of steady progress toward production. WSP has lots of news coming so they're not tied to the freeze up-break up scenario. SUF's price, surprisingly, still seems tied to the NWT play. Nervousness about SA politics? New president today, I think and he's no Nelson Mandela. Boredom with known production and no exciting finds on the immediate horizon? Seems like WSP and ABZ will provide the opportunities for the moment. Ontario and Alberta made a seasonal blip, then faded.

To: .Trev who wrote (1430)	6/2/1999 12:19:00 PM
From: Lorne	Read Replies (1) \| Respond to of 2006

.Trev - If there's one guy who doesn't think this market is logical it's me. I also think that the efficient market theory and technical analysis is for the birds when one is talking about the junior resource market. I mean how can you do technical analysis on a company whose real value can increase by many multiples in a heartbeat? Dow stocks and other large caps are a different animal and these "tools" may have a place when dealing with those ones. The main thing that puzzles me about the ABZ-Snap link is not that the market's missing it but ABZ's apparent refusal to use it promotionally. If they want to go to the market for more cash they then want as high a share price as possible and using Snap can in my opinion help in this matter. On the other hand it may be a good signal that they don't feel the need to hype Snap.