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Gold/Mining/Energy : Autumn Industries Incorporated (ATU-V)

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To: Coho who wrote (150)7/22/1997 11:25:00 PM
From: John Korven   of 428
 
Don

I wouldn't want to ever insinuate that I would have a better track on a stock than Cannacord. They still, as far as I know, hold a fair ammount of shares. I really direct my buying from insider reports and when the insiders are buying at 20 cents(I can send you that news release if you haven't seen it) I figure, if you can get it at the same price they are, you can't be that wrong. I can't see them buying it knowing they were going down the wrong route. Although it can be very frustating getting news releases of PP's and options and warrants and nothing on gasifier sales-we need those. Good technology or not we need the sales!!
You may have seen this but here are the sales today:

Time----------X-Price---Chg----Vol-----Buyer----------Seller
Jul 22 12:56-V--0.20---0.00----7000--052-McDermid--035 Canaccord
Jul 22 12:33-V--0.20---0.00---10000--052-McDermid--035 Canaccord
Jul 22 12:18-V--0.21---0.01----6500--014-Brink-----082 DS
Jul 22 11:15-V--0.21---0.01----3500--014-Brink-----009 Green Line
Jul 22 06:34-V--0.20---0.00---10000--082-DS--------082 DS
Jul 22 06:34-V--0.20---0.00---10000--082-DS--------082 DS

Canaccord sold 17000 shares at .20 which is $3400 not a really big sell off. The other day the big seller was DS not Canaccord. This is the biggest consecutive volume I have seen for a well and I think it will continue if investers continue to sell their shares at 20 cents.

Waiting for the breakout!!

John
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