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Gold/Mining/Energy : Lyon Lake Mines Ltd
LLL 245.17-0.4%Jun 28 5:00 PM EST

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To: yosi s who wrote (507)10/18/1999 10:23:00 AM
From: The Barracudaâ„¢   of 520
 
I forgot to calc the debenture that a mutual fund has in LLL

The debenture (exercisable at 35 c) will give the fund 20% of LLL. That will increase the market cap of LLL (more shares}.

Also, a feasibility study should be out in a few weeks. This study will, hopefully, change the resources to reserves and give an amount.
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