Free for all as quebec nickel-copper rush is on Message Board

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Gold/Mining/Energy : Free for all as quebec nickel-copper rush is on

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To: stak who wrote (71)	11/21/1996 2:03:00 PM
From: Tom McIlwain	of 138

Thanks for the post. Just a comment on this if I may. I like the fact that this company has warrants which expire in May/97. At an exercise price of 0.55 it would almost seem a certainty to me that these will all end up being exercised. This will ensure that the company will have some money on hand to do some exploration next spring without having to do an additional placement or arrange a JV. I don't know if they already have sufficient cash on hand or not. It would be worth while to see how many warrants are outstanding and how much this will bring in when they are all exercised. Can anyone add any additional info on current cash on hand or number of warrants outstanding? Tom

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