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Microcap & Penny Stocks : EDIS

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To: Invessi who wrote (2193)7/26/1999 9:27:00 PM
From: ackbh   of 3043
 
Well, I guess the options are there to benefit both parties. We need money and they will want to have a chunk of us if they end up giving us a lot of royalty payments downstream. I think that that is one way to gauge if a substantial prospect/prospects come about because you know that Noranda will exercise those options then. I am still a believer that the mineral exploration business is very covert and until Noranda has mapped everything they can and placed claims on everything they can, we will not hear a peep about how well it is working or what economic value it will have for EDIS. They have a jump on the competition right now by utilizing the probe-1 imagery. That is the real value. There is no prize in being second in staking a claim. Just my opinion.
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