Excerpt
“Good. How does it look? Good buying below?”
“Yes, plenty of orders. What should we expect now?” Eteo asked.
“Not much until they get at least a verbal from the exchange”
“Right, how long?”
“A few days, not longer.”
“Thanks a lot, Herb.”
The stock looked very good at this level, but once it started going
higher, Eteo was certain many more shares for sale would show up
and no one could know how it might develop from there on. However,
Eteo had developed a good sense from years of doing this. He
could feel when the buying was ready to dry up and it was time to
unload. He was confident this sixth sense would not let him down
in the Platinum Properties venture.
The morning unfolded smoothly. He was reading a mining report
when Helena brought in Richard Walden. They shook hands
and Eteo asked whether Richard would like to have a coffee. The
older man said no and Eteo waited for him to start the conversation.
“I’m headed to the prairies, first to Calgary to meet a few brokers
and then to Saskatchewan to run over the property with the mining
engineer and the two inventors. We’ll explore where to drill.”
“Sounds good. Keep me in the loop.”
“Don’t let it go below 50c. I need a good market to show the new
brokers.”
“What have you got prepared? What will your big broker at Canarim
Securities do?”
“He’ll do his part, Don’t worry him; just don’t let it go below 50c.”
“As long as he plays ball, I will too,” Eteo replied. He had never
liked the Canarim fellow. He was the type of person who could get
up on the wrong side of the bed and throw a bunch of shares in the
market expecting Eteo to chew them, and since was a bigger broker,
he could support his own selling with equivalent buying. Eteo had
never liked the idea of supporting a market price if he was the only
one doing the supporting. It was a fool’s game when everybody else
was a seller.
“Eteo, can I count on you? I wouldn’t like it to go below 50c. I
have to have a good market to get the new brokers on board,
Libros Libertad 