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Strategies & Market Trends : Winter in the Great White North

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To: ralfph who wrote (674)5/16/2001 3:23:32 PM
From: LeonardSlye  Read Replies (1) of 8273
 
Ralfph...vote early and vote often...today’s the big day when we in B.C. find out who will form the opposition. It’s bound to be amusing whichever way it goes. We could have the high pitched whining of Ujal or not, too, depending upon if he wins his seat against the man who wasn’t there...I guess it’s too late to put Wong’s picture on milk cartons but I hear someone has been doing missing bulletins.


On those insiders (past and present) in DML, one of them for sure hasn’t been doing any trading for awhile. Patterson seemed to develop a taste for clandestine insiders trading through an offshore company and a trust, each in different countries. He must have bought the offshore kit out of a magazine. He hasn’t been trading since Sept ‘99 when he was given a 15 month exemption. I see he isn’t on the current exemptions list now...well, lookee here...our former Premier, Billy Bennet can start trading again in only another 5 years.


So, Patterson is down to 0 shares and working as a financial consultant (scary eh?). The existing insiders seem to be putting together hands in the game and they’ve been holding them for quite some time. Keats and Sparkes have been letting their options grow to about 2 million shares each, and apparently Teck Corporation (hmmm?) is still holding over 3 million from 1998. I’d imagine they’d all like to see the price of the stock go up. All of course IMHO, I could be missing or misreading something.

Happy Trails
Lenny
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