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Gold/Mining/Energy : Manhattan Minerals (MAN.T)

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To: Not_Active who wrote (3644)9/3/1999 5:21:00 PM
From: Jeff Dickson  Read Replies (1) of 4504
 
Tuesday is a great day for releases, although the long weekend kind of interferes with that this time. But they are overdue for some news, as that last had results that we're drilled some time ago. Unfortunately with the institutions not in the market there isn't much potential for a reaction, so maybe they would be inclined to wait until after a close of any financing.

I think trying to time it is pretty much pointless, as it is clear that the market thinks that MAN is raising money. Considering the market has been thinking that for a month, it will be very nice if they could close something and then we don't have to worry about this for a long time. According to what Eddie found out from someone in Toronto, there is a rather large financing coming down the pipe, and it is having very little trouble getting filled.
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