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 : Mongolia Gold Resources
MGR 21.02+0.4%3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Trevor R. Teed who wrote (3999)2/28/2000 10:43:00 PM
From: d:oug  Read Replies (1) of 4066
 
Trevor, thanks and two comments and question.

<<... has not concluded any definitive, binding acquisition agreements at this time.>>

My impression is that there was just too much going on between Tyhee
and many other parties during normal business activity to keep the
insider type info inside those involved, so the trading halt. So this news
release was not the one normally done after certain conditions and agreements
were agreed upon and done up in legal contracts. My guess that everything
is about 3 weeks to 2 months down the road for all the negotiations to be
completed, meaning that we may stay halted or resume tomorrow with
all this 1/2 speculation(might happen if...) information.

<<...has been no discussion with any party to convert the company
from the resource business into an e-business company.>>

Good, as soon the dot coms bubble(s) will pop(s).

<<...of intention to sell and declaration pursuant to Section 136
of the securities rules regarding its control position over certain
securities it beneficially owns.>>

Is this something of concern to regular shareholders like most here ?

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