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Gold/Mining/Energy : a treasure or 2 in Indonesia?

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To: Kenith Lee who wrote (25)1/5/1997 10:13:00 PM
From: Chee Keong Loh   of 55
 
Kenith, Re: Greenline..

>>I asked the next tier and was told they were 64c x 70c. The sizes
were 20 x 580. I paused because 580 times 500shares per block equals 290,000 shares! I may have heard it wrong. <<

Being a new customer to Greenline, and returning to the Cdn resource market after a 6 month break...I'm quite rusty...it never hit me to ask Greenline for bid/ask sizes other than the ones displayed..I normally stick with the automated stuff..telemax and Micromax which don't give that info.

Just curious, do you always ask for the next tier of quotes till you find where the big fish have put their orders?

Big ask sizes may also be an attempt by a broker firm to depress the stock to make future financing cheap. Canaccord has a habit of doing that. They finally eased up the pressure last week on IMA resources after a private placement was completed...don't know if this applies to what you're talking about..but a good reminder anyways..

Have fun,

CK
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