KOB.TO - East Lost Hills & GSJB joint venture Message Board

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Gold/Mining/Energy : KOB.TO - East Lost Hills & GSJB joint venture

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To: Bearcatbob who wrote (3899)	8/10/1999 7:51:00 PM
From: Poseidonas	Read Replies (1) of 15703

Bob: WML warrants trading as WMLT.WT over the counter Toronto bid $1.20 ask $1.30 on volume of 89,000 These warrants were given with each unit sold during the recent WML financing. Each unit cost $4.00 and consisted of one common share and one-half warrant to purchase the stock for one year at $5.00. A lot of people bought these units and sold the common share immediately, holding on to the warrant. This is the main reason WML was under a lot of selling pressure last month. This selling pressure is now over, and we are seeing some good movement.

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