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Gold/Mining/Energy : Fenway Resources Ltd. (FWY@V)

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To: John A Weisgerber who wrote (14)11/29/1996 9:52:00 AM
From: donald sew   of 135
 
John,

I am not very familiar with the Vancouver Exchange, so I and my broker are not sure if we are interpreting information correctly.

I was at my broker's office on Wednesday, after the announcement. When I was going through the "trading recaps", we noticed a few trades with the notation of "BUY IN". We suspected that these were some shorts which were forced to cover with a penalty. There were not many of these and I did not notice the size of the trade. If I am correct, some shorts are covering, but assume you mean that many are still uncovered.

Am I correct with this assumption.

Seeya
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