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Gold/Mining/Energy : AVL.V - AVALON VENTURES -- Ignore unavailable to you. Want to Upgrade?


To: Ron Baxter who wrote (611)3/18/1998 9:15:00 PM
From: D.W.  Read Replies (1) | Respond to of 1474
 
No worries here Ron, I'm quite content with my position and looking to increase it at this VERY undervalued level. Patiently waiting for news.
Just curious but has anyone looked at Gossan today $ 1.80 just three trades but 46,500 volume all this from a company that hardly trades but is located next to Avalon. Selling all came Nesbitt one buy from Green Line two from Nesbitt.

DW.



To: Ron Baxter who wrote (611)3/19/1998 8:25:00 AM
From: DRT  Read Replies (1) | Respond to of 1474
 
This is the kind of positive information I like to see. Your interpretation is ...?

Here is mine ...

As for Dominick (-54,500 in March, average price $2.02) one must recognize that Dominick has been trading the stock for at least the last year or so (at all price levels). This looks like profit-taking to me. The Dominick house position was +45700 in January, average price $1.73. If its the same trader(s), that's something in the order of a 16.7% return in 2 months - others trade for pennies (as Fixer as previously stated).

Instead of looking at the last 2 weeks of trading, ask your broker what these numbers mean (Feb 97-Mar 18, 1998):

Midland: +1.35 million
DS: +850,000 million

This does not reflect the 'significant position' that these houses held prior to Feb 97.

In March, (slight difference from your numbers, as of close yesterday), 03/01/98 - 03/18/98: DS (+41,800), ScotiaMcleod (+19,600), Midland (+18,885), Canaccord (+17,300), CT International (+13,500), GreenLine (+12,200), McDermid (+10,870), Nesbitt (+8975). Given the houses that are buying, any broker in the know could only come to one conclusion - buy, accumulate or at least hold! The fact that DS and Midland are accumulating in March (news pending) is a very positive indicator that what ever the news or whenever its available - I doubt it will be negative!

Just one shareholders opinion!

DRT