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Gold/Mining/Energy : MARUM RESOURCES ON ALBERTA -- Ignore unavailable to you. Want to Upgrade?


To: bill who wrote (981)11/12/1998 4:59:00 PM
From: JP  Respond to of 2514
 
<<Do you make anything of the fact that Cannacord is the buyer
of the large block?>>

It is probably just a cross between the two houses. It doesn't mean that there is a buyer or seller per se.



To: bill who wrote (981)11/12/1998 5:15:00 PM
From: Jesse  Respond to of 2514
 
Hard to say, Bill. Canaccord is one of the common brokerages that is used for 'jitney' trades-- Jitney trades are trades done across other brokers to mask trading 'trails', altho this is relatively a small amnt here.
See this post re. the jitney factor:
Message 2334717

What I mean is, it's hard to say with that brokerage. But most of the above is likely irrelevant here -- read it just for general information purposes.

I doubt the 175K block trade factors into the fact that Canaccord (in one of David James' CC "Current Reports") recommended MMU among a couple other ADP participants last Feb. as a spec. buy ...

... bit 'o gearing for the new ADP attention? mmu upcoming drill program? ... who knows?

Cheers,
-j
:>
Marum Website: marumresources.com



To: bill who wrote (981)11/12/1998 5:34:00 PM
From: Jesse  Respond to of 2514
 
FYI -- House Positions for MMU from 10/13/98 to 11/12/98:

Ex House Bought Av/Sh Sold Av/Sh Net $Net
A 35 Canaccord 229000 0.09 0 0.00 229000 -20680
A 6 Green Line 169000 0.08 107000 0.09 62000 -4470
A 66 Union 50000 0.09 0 0.00 50000 -4500
A 18 Georgia Pacific 60000 0.09 13000 0.09 47000 -4130
A 41 Latimer 30000 0.09 5000 0.09 25000 -2250
A 20 63000 0.08 43000 0.08 20000 -1320
A 85 ScotiaMcLeod 21000 0.10 3000 0.08 18000 -1755
A 9 Nesbitt 35000 0.09 26900 0.08 8100 -1036
A 86 Whalen, Beliveau 6000 0.08 0 0.00 6000 -480
A 8 Research Capital 0 0.00 4500 0.09 -4500 390
A 39 Midland 0 0.00 5000 0.08 -5000 400
A 59 James Capel 0 0.00 14000 0.07 -14000 980
A 82 DS 10400 0.07 28000 0.09 -17600 1836
A 90 Gundy 13000 0.09 48500 0.08 -35500 2720
A 40 Cdn Western 0 0.00 48000 0.08 -48000 3840
A 52 McDermid 0 0.00 50000 0.09 -50000 4450
A 48 Yorkton 22000 0.08 104500 0.09 -82500 7235
A 26 Haywood 88000 0.09 296000 0.09 -208000 18770
Total 796400 0.09 796400 0.09 0 0

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(i.e., the last month's trading summary)