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Gold/Mining/Energy : Cubacan Exploration (CCX - A.S.E.) Oil Exploration in Cuba
CCX 17.140.0%Sep 30 5:00 PM EST

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To: Jim Hitchie who wrote (145)5/12/1998 8:55:00 PM
From: Lalit Jain   of 223
 
Jim,

It is like one seller of one million shares, but the 1 million shares were bought through 7 to 8 different brokerages. I suspect there is distribution going on.

Could it be the company is pumping thro promoters and insiders are dumping. And all this time the word on the street is that they are being restricted as to the wording of the release by the ASE. Its nearly a month since the discovery, and the promised follow up release is still being worked upon.

Don't you find it strange that whenever there is a bid, CT sells and takes it out !

Regards, Lalit Jain
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