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Gold/Mining/Energy : Manhattan Minerals (MAN.T)

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To: Albert V who wrote (3278)7/26/1999 7:32:00 PM
From: James N. Wilson  Read Replies (1) of 4504
 
Albert - shares traded within a $5.60 - $5.70 range for most of the session. In the last 30 min of the session Canaccord and a few other houses sold about 6000 shares to see MAN end the day last at $5.45. At the close on the support side $5.05 - $5.35 orders for 11,700 ($0.30 spread) on the offer $5.45 - $5.70 ($0.35 spread) 16,900.

Any thoughts that I may have on a recovery would be speculative on my part. However, the volume today was relatively light with 138K trading hands. We have 3 drills turning, with one or two high grade hits most likely the picture would change quite fast.

good luck,

james
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