Odd Trade Confirmation
posted on
Dec 07, 2012 02:42PM
CUU own 25% Schaft Creek: proven/probable min. reserves/940.8m tonnes = 0.27% copper, 0.19 g/t gold, 0.018% moly and 1.72 g/t silver containing: 5.6b lbs copper, 5.8m ounces gold, 363.5m lbs moly and 51.7m ounces silver; (Recoverable CuEq 0.46%)
Out of curiosity, I placed a buy order for 400 shares of CUU at the ask price of 1.03 (bid was 1.02). I received a transaction confirmation from TD Waterhouse (007) of the sale as follows:
Time
1:39pm (EST) 100 shares @ 1.03
1:39pm (EST) 300 shares @ 1.03
According to TMX group, no shares traded that match this confirmation and the only share transaction at 1.03 occurred at 12:33 (CIBC WM) some 60 minutes earlier.
On the surface it "appears" that TD purchased when the ask dropped to 1.02 but confirmed the purchase at 1.03. Pennies do add up over 1000's of transactions.
I would be interested in comments from our board's "technical contributors" as to what they think of this?
DC14
1:55 PM EST | 1.020 | 2,000 | 0 | 007 | 002 | <!-- <td align="right">CDX</td> -->
1:55 PM EST | 1.020 | 100 | 0 | 079 | 002 | <!-- <td align="right">CDX</td> -->
1:55 PM EST | 1.020 | 400 | 0 | 013 | 002 | <!-- <td align="right">CDX</td> -->
1:55 PM EST | 1.020 | 1,500 | 0 | 013 | 002 | <!-- <td align="right">CDX</td> -->
1:55 PM EST | 1.020 | 5,000 | 0 | 013 | 002 | <!-- <td align="right">CDX</td> -->
1:55 PM EST | 1.020 | 1,900 | 0 | 013 | 002 | <!-- <td align="right">CDX</td> -->
1:45 PM EST | 1.020 | 100 | 0 | 013 | 002 | <!-- <td align="right">CDX</td> -->
1:45 PM EST | 1.020 | 800 | 0 | 007 | 002 | <!-- <td align="right">CDX</td> -->
1:25 PM EST | 1.020 | 1,700 | 0 | 007 | 085 | <!-- <td align="right">CDX</td> -->
1:25 PM EST | 1.020 | 2,200 | 0 | 007 | 036 | <!-- <td align="right">CDX</td> -->
1:25 PM EST | 1.020 | 100 | 0 | 079 | 036 | <!-- <td align="right">CDX</td> -->
1:25 PM EST | 1.020 | 1,700 | 0 | 001 | 036 | <!-- <td align="right">CDX</td> -->
1:24 PM EST | 1.020 | 3,000 | 0 | 007 | 007 | <!-- <td align="right">CDX</td> -->
12:33 PM EST | 1.030 | 300 | 0.010 | 079 | 099 | <!-- <td align="right">CDX</td> -->
12:32 PM EST | 1.020 | 2,300 | 0 | 007 | 013 | <!-- <td align="right">CDX</td> -->
12:32 PM EST | 1.020 | 300 | 0 | 046 | 013 | <!-- <td align="right">CDX</td> -->
12:31 PM EST | 1.020 | 400 | 0 | 007 | 013 | <!-- <td align="right">CDX</td> -->
12:31 PM EST | 1.020 | 800 | 0 | 007 | 013 | <!-- <td align="right">CDX</td> -->
12:31 PM EST | 1.020 | 100 | 0 | 007 | 079 | <!-- <td align="right">CDX</td> -->
12:31 PM EST | 1.020 | 2,000 | 0 | 007 | 013 | <!-- <td align="right">CDX</td> -->
12:31 PM EST | 1.020 | 1,500 | 0 | 007 | 013 | <!-- <td align="right">CDX</td> -->
12:31 PM EST | 1.020 | 1,600 | 0 | 007 | 001 | <!-- <td align="right">CDX</td> -->
12:31 PM EST | 1.020 | 1,500 | 0 | 007 | 013 | <!-- <td align="right">CDX</td> -->
12:31 PM EST | 1.020 | 300 | 0 | 007 | 007 | <!-- <td align="right">CDX</td> -->
12:26 PM EST | 1.020 | 200 | 0 | 001 | 007 | <!-- <td align="right">CDX</td> -->