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Gold/Mining/Energy : United Keno Hill, UKH, Toronto**** Opportunity Knocks!
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To: Donald McRobb who wrote (478)9/5/1997 10:20:00 PM
From: Harry K   of 1348
 
17,200 trades - someone loaded up with 10,000 shares too - but note also the bid softened towards the end of the day - someone bidding 0.68 for only 1,000 shares - but 7,000+ shares offered at 0.70. Makes me nervous! Then again, someone accumulated those 10,000 shares at 0.70 - so he/she must have thought it a good BUY at that price - naturally, someone else thought it was a good SELL! (!?!)

Then our notorious Levesque Beaubien started accumulating - picked up 3,000 shares, then an odd lot (200) in a separate trade.

Having trouble interpreting this - volume's too light to be other than a few people with different views.

Finally, Kitco has the closing price of silver at $4.73 bid; $4.75 asking. That's the highest silver has been for a few months - should be strengthening Keno, not weakening it. Then again, the weeekend is here, so trading interest dries up ...

Harry K.
...
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