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Gold/Mining/Energy : ISLAND-ARC RESOURCES IAR-VSE -- Ignore unavailable to you. Want to Upgrade?


To: Walt who wrote (52)1/22/1998 12:56:00 AM
From: The Fix  Read Replies (1) | Respond to of 186
 
Good Evening Walt...The 64,000 dollar question....What's up with McDermid?

Come Clean Walt and stop playin coy. Everyone knows that Vaughn and Yourself trade out of McDermid. It's common knowledge on "The Street" that you two guys control between 60 to 80 percent of the tradable float in IAR. You guys are known as the Yellowknife Syndicate!<ggg>

I was told by my friend that brought IAR to my attention over a month ago that McDermid in fact does own alarge portion of the float. I'm also told that there was some kind of an internal recommendation given out by McDermid to it's "preferable clients". This might explain some of the action of Mcdermid Selling (float) to McDermid clients buyin. This creates volume and interest in the play. There has been some strong bids filled as well.

Will look and study GKK and get back to you in a day or two.

Fixer