MIRANDOR-MIQ ON MONTREAL Message Board

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Gold/Mining/Energy : MIRANDOR-MIQ ON MONTREAL

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To: Stocks who wrote (2044)	7/17/1998 1:54:00 AM
From: Sailfish	Read Replies (2) of 2635

Hi Stocks... For some time now, one or two Houses have been selling at or just above the bids... Recently, I notice that Cannacord has joined these other two Houses in the same activity...(Remember Cannacord from the recent 'golfing do"..??) Are there any TA's (technical analysts) who can give us a report on On Balance Volume...?? I think that this could pretty well comfirm if accumulation is alive and well... The stock price has remained within a steady range since drilling commenced...Now we must ask the question, who would buy the stock before drilling commenced and sell it just after that commencement...?? Especially when it was announced that drilling results would not be available until around the end of July... I suppose that one could agree that an insignificant amount of stock could still be "shaken", but, by far, the greatest amount of recent buying and selling, I believe, falls into the "planned" category... Another reason, of course, could be that some preliminary results have been leaked and we are witnessing the resultant action by those "in the know"... I tend to side with the "Accumulation Theory"... Regards....Ray

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