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Gold/Mining/Energy : New Blue Ribbon Resources Ltd (NBL.V was BLO)
NBL 8.4600.0%Oct 6 5:00 PM EST

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To: GWalker who wrote (5)9/25/1996 9:10:00 PM
From: Ross Mickey   of 407
 
This is puzzleing. Martyn Element (who from a previous post is the IR)
has done a lot of day trading this stock since 7/6/95. He held 467,000
shares on 9/20/95 and this is down to 263,000 as of 7/19/96.
The last report was from June 28 as there is a lag in reporting.
The good news was that he has been buying since 5/16/96 and no
sells. I couldn't pick up a trend. He could be supporting the
stock when it got weak, or just day trading. It looks like
he was buying the price up and then selling into the high
in a number of places. This could be coincidence. It is
strange. To look press here
telemark.net

Best of Luck,

Ross
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