RECLAMATION MANAGEMENT (RMLL.O) Message Board

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Gold/Mining/Energy : RECLAMATION MANAGEMENT (RMLL.O)

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To: Buckey who wrote (187)	8/4/1999 11:54:00 AM
From: Chris K.	Read Replies (2) of 238

John, I spoke to the company yesterday myself. They were very, very busy. The phone were ringing like crazy but I got through. I asked the receptionist that I needed some info on the buyout and she transferred promptly (I guess she must of known something too otherwise she would have denied it) When I asked IR what was going on, they told me that the only thing they are aware of it what is in the news release. There was a buyout offer at 40cents. He seemed to be pretty clear on this point. I then asked him when will RMLL resume trading. He did not know and stated that this was up to the exchange. I can then assume that the exchange asked RMLL is they are aware of the buyout offer (which they probably answered YES) and they let the stock trade !!! I also asked him what the float is and he said approximately 104 million shares !!! Sooooooo, 40 million dollar buyout offer DIVIDED by 108 MM o/s == 40 CENTS !!!!!!!!!! That's all I know for now ! CK.

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