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Gold/Mining/Energy : Unitec Int. Controls Inc. -- Ignore unavailable to you. Want to Upgrade?

To: csm who wrote (115)	1/26/1998 12:50:00 PM
From: dale w ruckle	Read Replies (2) \| Respond to of 856

UIC is presenty arranging a financing some aspect are revealed on SEDAR...today you see a 50k block arranged trade at .45. all the friday sells, 60k from cannacord average "I've not checked" anyway about .43 this volumne from only 2 brokers at these levels indicate to me that these sllers will use the sale proceeds to buy in on the placement for an average share cost =to .32-35....as I said you see this all the time on the vse and other exchanges.....the union brokerage firm should be able to enlighten us.........or J.SMYTHE might comment...thx john