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Gold/Mining/Energy : Maxam Gold Corp. OBB:MXAM

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To: Chuca Marsh who wrote (8205)5/11/1999 8:58:00 AM
From: Paunch  Read Replies (2) of 11603
 
Chuca,
It's going to be interesting to see if the institution tries to buy the rest of the million shares. According to my figures they bought between 250 to 300 thousand yesterday . The trading would need to top 1 and 1/2 million today in order for them to buy the rest. I don't believe the MM's can hold the price down to .23 if that many shares are traded.
Paunch
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