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Gold/Mining/Energy : Cartaway resources -- Ignore unavailable to you. Want to Upgrade?


To: Jenny Pillen who wrote (1437)2/2/1998 2:17:00 PM
From: Pierre J. LeBel  Respond to of 2505
 
It is no big deal!

Only $ 26,000 worth of stock. So what?

It could be a margin call at the end of the month that had not been answered. The broker then dumps whatever is in the account.

Give it a few more days. The trading pattern in DML and CYP tells me that there is no need to panic.

Pierre



To: Jenny Pillen who wrote (1437)2/2/1998 2:31:00 PM
From: Kent C.  Read Replies (1) | Respond to of 2505
 
Hi Jenny,

Who much money does CWA have left? If it is relatively small, expect Canaccord to do a financing.

Cheers,

Kent



To: Jenny Pillen who wrote (1437)2/3/1998 10:35:00 PM
From: R.A.K.  Read Replies (2) | Respond to of 2505
 
Hi Jenny,

I've been watching CWA closely for the last couple of months and the trading pattern does seem a little odd to me. I'm no expert but it looks like someone is trying and succeeding in keeping CWA in a narrow trading range. With the way most of the SVB plays have started to edge up in anticipation of this springs drilling programs, it suprises me that CWA is not trading at a higher price regardless of the crappy results they had last year. Most if not all of the other SVB plays have bounced back from the lows reached last year yet, CWA doesn't seem to want to budge. Everytime it starts to move up someone comes out and smacks it back down and then the bids come right back in again. The fact still remains that they have a fairly large land position and all of SVB is still highly speculative plus I hear Falconbridge wants in on the action and considering that almost every play in SVB is involved with DML or TECK, CWA could be a target for Falconbridge for a possible JV. IMHO.

Regards,

RAK