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Gold/Mining/Energy : Minvita Enterprises Ltd. - MVE.v

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To: Darryl Kadonaga who wrote ()11/4/1996 4:46:00 PM
From: Chris W. Karch   of 56
 
Hello Darryl and Nammir,

I think today is the start of what we all know as "The Accumulation Stage" and this is why.

The stock traded very lightly all last week with a large descrepancy
between Bid / Ask price. Today the volume and price goes up to
$0 .80 and 66,000, the volume still fairly low but higher than any day last week. Now the accumulators wll try to buy in small chunks and keep the price and volume low enough for any unwanted exposure. Once they have aquired all they can under $1.00 (which I don't think is many) and the expected results are near, the price and volume will explode.

What do you think?
Chris K.
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