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Gold/Mining/Energy : MIRANDOR-MIQ ON MONTREAL

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To: Mike Paulin who wrote (2293)11/24/1998 11:19:00 PM
From: Ronald W.Millar  Read Replies (1) of 2635
 
Mike:

I am intrigued by your description of this "box" .

As you are aware, RBC Dominion(or Dominion Securities) is actually a Brokerage house owned by the Royal Bank of Canada. As such the sale of 500,000 shares at .36 cents would be for a client ...possibly a Mutual Fund Company.

I find it hard to believe that anyone such as a Mutual Fund would attempt to sell this many shares without trying to see all in a block (which can normally be helped by the Company concerned... in this case MIQ.)To sell any other way would retard any upward swings in the share price...for the short term anyways.

IMO of course!

Regards:

Ron
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