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Gold/Mining/Energy : International Properties Group (IPX-TSE)
IPX 44.18+0.4%Oct 31 9:30 AM EST

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To: Dennis Lefebvre who wrote (62)5/13/1999 1:32:00 AM
From: mark calgary  Read Replies (2) of 104
 
It seems like the market knows what's happening - up to $1.10. I have been in this since the beginning, and have to tell you last November it was pretty depressing. Called the IR guy and all he would tell me was that good things were happening and that the condo sales were going very strong and that was all. Me thinks there must be something up to account for the volume. What I noticed looking at the trading pattern is that the sellers are unloading very small blocks - 500 - 2,000 shares for the most part, but that the buyers are buying 10 - 20,000 at a time . This probably means that the buyers are big fish and the poor little fish that are selling are going to be looking back soon saying "I can't believe I sold so cheap ". Always be on the watch when the buyers are piecing together their positions.

Some one or something is going to put this stock on the map soon and whether it is thru support on the street from an article or buy reccomendation, or whether its thru some sort of great news, I think we will see a much higher price soon.

Mark
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