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Gold/Mining/Energy : inspan investments INY

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To: Cheeky Kid who wrote (5)4/23/1997 6:07:00 PM
From: Graystone   of 24
 
Yorkton and Canaccord were both long over 12 months if I am not mistaken. You will notice with both of these houses that they are often on the buy and sell side of the stock and figuring out what they intend is often difficult. Better to look at their long positions over the last year to try and see what their exposure is. Yorkton bought some big blocks in the .40-.45 range on the way up so my guess is that they have clients with exposure as well. Brokerage companies are more patient than most investors and don't mind longer horizons.
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