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Gold/Mining/Energy : Exall Resources/Glimmer Resources -- Ignore unavailable to you. Want to Upgrade?


To: James N. Wilson who wrote (854)3/2/1999 5:54:00 AM
From: Winzer  Read Replies (1) | Respond to of 1319
 
James

<<<Perhaps there is some truth in the rumors we have been hearing.>>

I hope you're right; however, why is only EXL getting the volume. The broker representation is the key, I think. Green Line has been "nibbling" lately; but CT Services is a relatively new player. This one picked/nibbled away for 11,500 yesterday. Could be something coming Exall's way and not Glimmers. And the presence of Canaccord is always interesting to say the least. I would SPECULATE from this bit of "trail reading" that if there is a deal in the works, they are after Exall and not Glimmer. And who else could it be but Glimmer is after Exall to buy them out of the jam they got themselves (and the shareholders) into. Makes my Exall shares a strategic/tactical investment in the making. Good cover for the Marketing Committee? And could also explain the excellent PR from Exall. And Glimmer and McCloskey are a "bunch of financiers". Is it making sense ?

We'll have to keep an eye on the trading pattern also. i.e. which brokerage is buying what. e.g. CT was mostly hitting the asks; making it a good sign for an upward movement in price and volume. If interesting, can you post the open interest/market depth?

Winzer