Cadre Resources (CSL.V) Awaiting production #'s and Financ Message Board

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Gold/Mining/Energy : Cadre Resources (CSL.V) Awaiting production #'s and Financ

CSL 318.44

+0.1%

Dec 1 4:00 PM EST

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To: Francis R. Biscan Jr. who wrote (621)	6/29/1999 10:35:00 PM
From: AriKirA	Read Replies (1) of 1285

Rich, The last trade probably reflects the price at which it will start trading. This price usually takes into account the exchange rate. 1.48 * 0.62 = 0.92 The MM(s) usually use the exchange rate to put in a fictitious last trade to get an idea of the market. They will most probably move it a few minutes before trading starts to reflect the demand. Kind Regards AK

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