Bearcat (BEA-C) & Stampede (STF-C) Message Board

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Gold/Mining/Energy : Bearcat (BEA-C) & Stampede (STF-C)

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To: Keith Minler who wrote (689)	3/21/1998 10:38:00 AM
From: Tommy D	of 2306

Bob, there are two possible scenarios where there is a need to disposteof stocks, one self imposed and the other by the terms of the agreement with the investors. March 31 is quarter end and in Canada , as in the United States, there is much window dressing that goes on but those types of transactions are at the discretion of the fund manager. You undoubtedly are aware of these transactions. The second type of transaction relates to index funds as when there is a change in the index, the fund manager is normally required, by the terms of the fund to dispose of the stock that has been eliminated from the particular index and acquire the stock that has been added. I am afraid that neither of these types of transactions will impact on our little situation. We can only dream of the small stocks in this play qualifying for the listing on an index. Other than the above, not aware of any required selling at the end or during this month. I think the index sales may already have been completed as the changes were announced in Feb. Regards TommyD

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