Maxam Gold Corp. OBB:MXAM Message Board

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

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To: Paunch who wrote (8400)	5/17/1999 2:14:00 PM
From: Alan Vennix	Read Replies (2) of 11603

Paunch, Hard to tell whether these last three trades (for 50k, 75k and 75k) were buys, sells or crosses between MM's. Just previous to these trades, at 13:22 the bid was 0.30. It was lowered to 0.28 simultaneous with a trade for 6700 shares at 0.30. Two minutes later the 50,000 at 0.30 happenned, so it was between the then current bid of 0.28 and the ask of 0.33 - but just a minute or two after the bid was lowered from 0.30 to 0.28. Was it a sell? I don't know. The two trades for 75k each were 30 min later and the bid/ask had been 0.28/0.33 since the 6700 share trade earlier, so probably crosses. If anyone has any additional insights, please post. Alan

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