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Gold/Mining/Energy : A to Z Junior Mining Research Site

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To: marcos who wrote (725)7/20/2002 3:35:21 PM
From: russwinter  Read Replies (1) of 5423
 
<Alamos is going to have to do some financing of its own pretty soon>

AAS has a whole string of "bottled up" financings (because the exchange wouldn't allow them to close until PDG signed off on the AAS/NGT agreement) including one done with me and a certain other poster here. Now that that's been finished up and AAS annual has been filed, the paper is being released. AAS is capable of raising money at a drop of a hat, it's a question of price. IMO they should do it for both companies at much higher prices post merger.

As you know I spent time with both managements in Vancouver pushing a merger. I came away a little discouraged and when NGT spiked into the 60's during the junior mini-blowoff in June I unloaded the last of my NGT shares. So I'm down to the warrants.

I haven't heard any more on the merger except that the parties are meeting. Based on what I'm reading you say on the topic, we are on the same page. EVERYTHING will go a lot easier when and if they get merged and IMO they are playing with fire if they don't. Personally I think both companies are progressively worth a little less (and the risks amplified) every day that passes without a merger.
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