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Gold/Mining/Energy : CANADIAN OVERSEAS EXPLORATIONS (CVC.V)
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To: Pierre J. LeBel who wrote ()4/3/1997 4:04:00 AM
From: Rook   of 113
 
Here are some numbers that may be of interest to everyone:

House Positions for CVC from 03/03/97 to 04/02/97

House Bought Av/Sh Sold
009 Green Line 1272000 0.05 358500
012 Nesbitt 390000 0.04 136000
024 Jones Gable 100000 0.05 0
090 Gundy 51000 0.05 0
016 Yorkton 61000 0.05 34000
040 Majendie 25000 0.05 0
052 McDermid 21000 0.05 0
055 Odlum 20000 0.05 0
077 Union 38000 0.04 18000
058 Oliver 79000 0.04 60000
087 Wolverton 18000 0.03 0
026 Haywood 18000 0.03 18000
029 PI 500 0.03 1000
041 Latimer 20000 0.04 28000
085 ScotiaMcLeod 72000 0.04 85000
063 Levesque 0 0.00 18000
059 James Capel 114000 0.05 165000
035 Canaccord 111000 0.05 231000
018 Georgia Pac. 50000 0.06 195500
025 Midland 19000 0.05 436000
082 DS 107000 0.04 802500

Total 2586500 .05 2586500

Ideally, the buying gets concentrated in one hand to demonstrate
accumulation, while the selling should be scattered among many
brokers to demonstrate the ignorant public losing patience.

-Positive Sign: Greenline has been doing 49% of the buying but only
14% of the selling.
-Negative Sign: DS has been doing 31% of the selling but only 4% of
the buying.

If the Greenline buying continues it is a green light.
If the DS selling continues one should proceed with caution.
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