Abnormal Volume and Block Trades Message Board

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Gold/Mining/Energy : Abnormal Volume and Block Trades

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To: Essam Hamza who wrote (2294)	4/2/1998 4:39:00 PM
From: StockPro	Read Replies (1) of 2340

Hi Essam! Any chance we can revive this thread? I used to really enjoy it! I'll try to start out ... Wenzel Downhole [WZL-ASE] which recently underwent a name change (used to be Master Downhole Canada -- MDH.A-ASE) traded an unusually heavy volume last Monday (353,000 shares) and since then has traded actively and risen about 30% from about $0.95 to about $1.25 (traded as high as $1.35 intra-day today). Looking at the bid/ask board, the stock is fairly heavily bid. Anybody know what's going on or care to make a prediction? I'm long this next one ... Tiger Resources International [TGR-VSE] traded record one-day volume today and closed up $0.14 (13%) to close at $1.19 (bid $1.20 ask $1.24) on volume of 80,400 shares. This thinly traded and tightly held stock is capitalized at approximately $5 million at todays closing price (with one million $ in working capital). They have a 70% interest (with the option to earn an additional 10%) in a very interesting diamond property in Southern Australia. There are currently some very good write-ups on this company both here at SI and also at StockHouse. Cheers, Richard

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