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Gold/Mining/Energy : Houston Lake Mining [HLM-ASE] -- Ignore unavailable to you. Want to Upgrade?

To: WWS who wrote (108)	2/25/1999 6:54:00 PM
From: AriKirA	Read Replies (1) \| Respond to of 364

Bill, DS stands for Dominion Securities. There was a limit order to sell 40,000 shares @ 0.19. Having eaten through the 40,000 shares, there is significantly less resistance, thus facilitating any increase in price. A 1999-02-25 13:37:18 .205 .055 20000 44 Jones, Gable 85 ScotiaMcLeod A 1999-02-25 12:14:06 .200 .050 8500 44 Jones, Gable 82 DS A 1999-02-25 11:57:18 .180 .030 2000 90 Gundy 9 Nesbitt A 1999-02-25 11:51:12 .180 .030 7000 90 Gundy 52 McDermid A 1999-02-25 11:31:30 .200 .050 1000 9 Nesbitt 82 DS A 1999-02-25 11:27:18 .190 .040 10000 44 Jones, Gable 82 DS A 1999-02-25 11:18:06 .190 .040 20000 9 Nesbitt 82 DS A 1999-02-25 07:48:06 .190 .040 10000 44 Jones, Gable 82 DS As you can see, house 82 (DS) sold a total of 49,500 shares at an average price of 0.19. However, house 44 (Jones, Gable) bought a total of 48,500 shares at an average price of 0.20. In addition thereto, I just wanted to point out that it trades on the ASE and not the VSE. Kind Regards AK

To: WWS who wrote (108)	2/25/1999 7:04:00 PM
From: WWS	Read Replies (1) \| Respond to of 364

Ooops, DRT, I should have said that your assistance was requested in helping me to understand the workings of the Alberta exchange. Do all four exchanges in Canada work in accordance with a common trading standard in which all bids and asks, along with the volume each request, are placed "on public display" without the usual intervention of a market maker? If market makers aren't used, and I can buy shares directly from someone else and at the price they listed them for sale, perhaps this accounts for one reason why commissions are higher on Canadian than US exchanges. The reason might be that in the absence of market makers taking the spread between bid and ask (as on NASDAQ), a broker's only source of revenue on any transaction is from the commission charged the buyer or seller, whichever one or the other or both that they represent.