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Gold/Mining/Energy : Nuvo Research Inc -- Ignore unavailable to you. Want to Upgrade?


To: Montana Wildhack who wrote (8454)1/18/2002 1:26:56 PM
From: Joe Krupa  Read Replies (2) | Respond to of 14101
 
Hi Wolf,

"Any early prognosis on the size this time (sip)?"

It's real early in this draw, but here are the numbers anyway:

First 5 days of December-January $4mm draw (starting Dec 5))

22 Thomson Kernaghan 40,900
14 ITG 43,700
27 Dundee 54,700
Total 139,300

First 5 days of this draw (starting Dec 14)

22 Thomson Kernaghan 31,700
14 ITG 34,500
27 Dundee 45,200
Total 111,400

Factor in another 15,000 shares sold by the Amigos for the balance of the afternoon, and you are in the range of 125,000 shares for the first 5 days of this draw.

So, after the first 5 days the Amigos are moving shares out at about 90% of the rate of the last draw. Extrapolating out to the full 20 days, using the 90% number, works out to about $3.5-3.6 million.

I guess it's another doozy!

joe