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Gold/Mining/Energy : Insiders tradings on canadian stocks -- Ignore unavailable to you. Want to Upgrade?

To: zakynthos who wrote (2301)	4/28/2004 2:37:57 PM
From: Ciao	Read Replies (1) \| Respond to of 2322

Glad to see you are happy with your investment in IAC. Looks like a large block traded hands today. When you see a company with few shares outstanding and a low float due to large insider ownership, you wonder, why does the company need to be public. Most companies go public to raise funds / allow insiders to sell their stake in the company. IAC doesn't need to tap the capital markets. For IAC, in the long term, I see a possibility that the company will be taken over. ACD (Accord Financial) just announced a special dividend of $1.50 yesterday. I owned the stock quite a while ago, but am not as keen on it as I am with IAC. Ciao