Hello CJG
First Marathon has sold 741,300 shares since April on balance(bought less sold). I don't think that would have to do with recent development although half of this came in this week.
11/12/97- sold 160,700
11/13/97- sold 70,000
11/14/97- sold 85,000
On Wednesday there was only two clean sellers(no shares bought)
Canaccord and F.Marathon. On Thursday DS, PI and F.Marathon(Canaccord bought 19,000 shares). Today only one seller F.Marathon. Rest have fliped shares, nobody else sold more than bought today!!!
Q:How many shares F.M got left?
Q:I wonder why they met every bid for last 5 months?
Short? what are they hoping for a $0.10?
I would be very interested if someone is trading through F.Marathon and have GHE, what did he/she hear from them?
On the other hand couple big trades last week Latimer 116,000 bought on 11/11 and James Capel bought 50,000 on 11/13. Both no sell.
Profit taking from last move all the way down thanks to F.M.
I would think that next two weeks we will hear about or see assays of drilling on Purisima. I would like to hear from Frank on this subject as well. I wonder if you guys still see room for tax selling here, personally I don't think so but all as it seems is in hands of "trigger happy" First Marathon.
Regards
Robert |
