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Gold/Mining/Energy : Unitec Int. Controls Inc.

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To: Link Lady who wrote (184)2/28/1998 10:46:00 AM
From: John B. Smyth  Read Replies (1) of 856
 
I have been watching the sell side over the last while since your question. There was a large block being sold in the $0.45 range by a party with interests elsewhere. He had acquired a considerable position in the bottom feeding area and I understand made a tidy profit. That is out of the way now, and we should see higher floor.

I understand from a friend who had lunch Friday with the President of a mid-sized Brokerage house that there will be some buying coming in from that side. Yorkton has also distributed 25 copies of our 98 Business Plan to some of their clients, so hopefully we will start to get some recognition from those sources.

Regards,

John
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