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Gold/Mining/Energy : IBI CORP IBIC (CDN)
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To: robert b who wrote (334)7/18/1999 6:28:00 PM
From: Frank Moss  Read Replies (1) of 422
 
robert: trading WAS done at .02 and .025!!
The wide spread you mention is not accurate. In my case,the trader acting as principle, sold me his own stock. I never knew this until my slip arrived in the mail. Serious investors do NOT wan't to sell even at .06 cents. The trader is doing his job by creating a market. Mind you, he may be lighting his position in case the worst happens. About the .05 cent close, if a consolidation of one for four was done, the minimum price(.20) would allow for some type of financing.
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