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Gold/Mining/Energy : ISLAND-ARC RESOURCES IAR-VSE

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To: leaf who wrote (21)1/14/1998 10:00:00 PM
From: The Fix  Read Replies (1) of 186
 
Hello Leaf....What's behind McDermid's bids and crosses...hmmmmmm? Good question! Here's afew poss. answers that might explain things.

- There getting ready for the upcoming action at Back Lake (Diamonds will outshine gold and all other mining plays in the next few months).

- Watching KLA cycle the volume all day and SUF Halted, They gambled and went all out as IAR is a smarter play than KLA (IAR is not heavily promoted....It's a great secret that will be dicovered in due time).

- Maybe they knew about the shares for debt before anyone else and they wanted to position themselves before everyone else. This debt was on alot of people's minds and I think that we have nothing but Blue Sky's from here on.

- This stock is tightly held by inside money and maybe McDermid wanted some float to play with in the coming weeks.

- Vaughn and Walt both trade out of McDermid!!!!!!!HMMMMMMMMM

Fixer
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