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Gold/Mining/Energy : Canadian REITS, Trusts & Dividend Stocks

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To: Crane who wrote (485)	9/7/2000 9:55:44 PM
From: Lorne Larson	Read Replies (2) of 11633

Interesting trading going on with MXT right now. Commission Direct, either for themselves or for a client, has dumped almost 200000 shares on the market over the last week. Also note that when the ask side gets a little thin, 10000 shares immediately appear .02 and/or .05 above the bid on the ask side. Given that MXT normally only trades about 30000 shares per day, this is real heavy selling pressure. Under these circumstances I'm somewhat impressed that the price of MXT has held up as well as it has. My suspicion is that someone is dumping MXT for a dividend paying trust in order to get in on the ride while oil prices are high. May phone MXT tomorrow and see if they know anything.

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