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Gold/Mining/Energy : Cartaway resources

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To: R.A.K. who wrote (1347)	12/18/1997 1:24:00 AM
From: Ed Pakstas	Read Replies (1) of 2505

Rak...Watched the trading, closely all afternoon...I'd say about 60% of it was on the offering side and the other 40 on the bid side...Watched the floor and no one was playing any games...Bids where solid all the way throughout the day...One house is in there for 100K at .11...There's another 100K bid for a .09...Could be insider support at these prices or somebody looking at committing a theft... In any case the cards they where showing looked pretty good...Haven't seen that much on the bid since I got involved with this puppy... On the ask side the shares offered varied between 50 and 70 K...Have seen a helluva lot more than that being offered, actually more often than I would have liked to... One thing I may mention...The way it traded did not indicate that any news was forthcoming...There was little or no jostling of the bids in an attempt to purchase what was being offered...They where holding their ground right where they were parked... ...ed

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