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Gold/Mining/Energy : New Gold, Inc. (NGLD-Nasdaq bb)

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To: John M. Allen who wrote (35)8/28/1997 12:37:00 PM
From: The Barracudaâ„¢   of 46
 
yes that was me. I tested the market yesterday by selling 2000 shares at market; before there was the bid/ask posted, a 100 share sale would break the stock, so to test the depth I sold 2000 at mrkt and they were taken up. I then bought the 2000 shares back and 5000 more.

New Gold is currently working on getting financing for their NV and California gold mines into production; if they are sucessful, I think that there will be a positive reponse by the market to the companies efforts.

I don't know who did the other shares.
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