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Gold/Mining/Energy : Weda Bay Minerals Inc

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To: Roberth who wrote (2)3/8/1997 8:28:00 PM
From: Laurie Moore   of 98
 
Hi Roberth, I have been a shareholder of Weda since Dec/96 . I got
in on the new issue thru Canaccord. I sold 1/2 of my position on friday before the Halt. I have found that when a stock runs like that, it often runs quickly down too.
I spoke to a broker at Canaccord and he did not know why the surge and was selling into it. One thing that I have noticed is that canaccord was a heavy buyer and seller over the past couple of trading days. I'm not sure what this means but a do have a few theories.
I'll be watching this one closely on monday.

Good luck with your investments.

p.s. I just noticed this thread today, it seems to me that threads located under the'gold, mining and natural resources 'category have more exposure than a thread listed under 'canadian stocks'. This may be the reason why there has been no other people posting.
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