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Gold/Mining/Energy : Medinah Mining Inc. (MDHM) -- Ignore unavailable to you. Want to Upgrade?


To: superdow who wrote (5005)8/6/1998 2:04:00 PM
From: Geoff Coates-Wynn  Read Replies (1) | Respond to of 25548
 
Super:

It's both, sort of. On the BB, none of us actually trade between ourselves. All trades go through the MM. In this instance, somebody sold shares at .16 to the MM, who paid .16 for them. He will then, of course, sell them to someone else at .185, which just happenned. Not a bad way to make some money, huh? That's why they'll pay your broker to send the order their way. Nice to know there's no conflict of interest on the ol' BB.

Of course, occasionally you'll manage to get an execution in between the bid/ask, in which case it's hard to tell whether it was a buy or a sell.

Geoff



To: superdow who wrote (5005)8/6/1998 2:09:00 PM
From: Mike Gold  Respond to of 25548
 
Superdow, I was told by IR last week that a release was coming soon on the findings of the team of geologists. I think it will be more than just a small bounce in stock price.. The geology that will be described is going to be very interesting indeed. Also, they took lots and lots of samples so even though we might not get proven numbers, probably get some inferred numbers.