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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: marcos who wrote (24192)11/2/2006 7:04:19 PM
From: stan_hughes   of 78419
 
That was a 'good news, bad news' release.

The good news is that the bonus warrants were priced up north at 40 and 60 cents. May the day come that every one of the little fellers gets exercised.

The bad news is that a joint like Mineral Fields has wormed its way into 15% of this play. Mark my words, that new 8.1 million share block at 18.5 cents is going to come back and haunt Wayne one day by putting a lid on the share price, especially after the warrants get exercised and that 8.1 becomes a 16.2 million block representing what will then be 24% of the farm. IMO he should have spread the new issue around and avoided the share concentration.

I once thought I'd be in this for a dollar or two or more. Now it looks like the off-ramp will be in the 60 cent area
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