Abacus Minerals Corporation (V.AMC) Message Board

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Gold/Mining/Energy : Abacus Minerals Corporation (V.AMC)

AMC 2.590

+2.0%

Oct 31 9:30 AM EST

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To: Neil Irwin who wrote (353)	7/4/1999 10:41:00 PM
From: Josef Bauer	Read Replies (1) of 397

I heard lumber could be very popular nowadays with the price going up. And thanks to the takeover of Mac.Blo we can surely say Abacus has some assets to their portfolio. I expect this company will be much like Eldorado in the near future. Just this small hump of getting the remaining 2.2 Million (U.S.) unsettles me. Once they manage to get this cash (not through share dilution!) , will they get rewards. They must raise the cash either through a rights offering( to maintain the loyal shareholder), a convertible debenture with a minimum hold time or the best solution is to lower their interest in the Niblack mine.I feel the company has no other choice but the later if they are to succeed! A long-time shareholders advice.

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