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Gold/Mining/Energy : T.ITE: iTech Capital (TSE) -- Ignore unavailable to you. Want to Upgrade?

To: Claude Cormier who wrote (955)	9/21/1999 3:48:00 PM
From: keith massey	Respond to of 5053

Looks like Haywood wont let it go lower!!! Sure looks like they are keeping the floor solid. Haywood is now net 124,000 in the past 8 trading days without a single sell. These are almost all small trades (under 10,000) that look well placed to support the stock at .70 without moving it higher....plus a little more accumulation. From my count Haywood is already net 2.5-3 million shares in the last year....throw another 100k on the pile. For new people.... John Tognetti's is head of Haywood Securities. Mr. Tognetti's and Carlo Civelli have been involved together on several big U.S and Canadian promotions. I don't think this is just a fluke that both Civelli and Haywood have been accumulating the stock and now at a critical junction we see Haywood both supporting and accumulating the stock. Since Civelli is involved with making the deal he can't buy/sell the stock right now because of insider trading rules....this doesn't mean he can't send friendly messages to his old buddies at Haywood. EDIT: Haywood hit the ask in the past 5 minutes for another two trades of 5.5K...making 130K in 8 days. Not a lot of money but that is some nice support we are getting from friendly hands Best Regards KEITH