SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : MIRANDOR-MIQ ON MONTREAL

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: saul mikaliukas who wrote (2380)1/19/1999 12:12:00 PM
From: Chad Barrett   of 2635
 
saul,

I know that this form of investing is akin to gambling. However, with MIQ I believe that you are dealing with one of the more respectable junior mining companies.

- they found a legitimate property
- they did enough work to bring in a major as a partner to develop that property
- they have NOT issued an excessive amount of employee stock options at low stock prices
- even when they did have a need to do a PP when the stock was at a low price, they only did it for a small amount (to not cause unnecessary share dilution)

I must admit that I am curious what this money is going to be used for, but I don't see it as excessive.

BTW, I don't currently own any MIQ, but I hope to buy some soon as I do believe it has a great chance to rise substantially from this level once more news is released from the drill program, etc.

Chad
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext