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Gold/Mining/Energy : MILL CITY MIY-V

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To: eyewatch who wrote (508)2/10/2000 2:34:00 PM
From: VAUGHN  Read Replies (1) of 707
 
Hello John

I have been buried for three days. While the news was new to me this morning, it certainly is consistent with what I was anticipating. If we are up to $.15 this far in advance of early March Yamba mobilization I remain very optimistic for a significant appreciation in late March/April/May.

I claim no insight into the motivation of buyers, but I would bet interest is related to Yamba not Cuba.

Keep one eye on TQY and CAV as well.

Enjoy the ride.

***

Hello Peter

I am by no means an expert on such matters Peter, but don't exchange rules require that options be priced at the trading value of the day actually issued or some such requirement?

What I am trying to say in my own inadaquate way is that any Options would have to reflect the appreciated stock price on the day the deal was finalized would they not?

If that were the case, I am not sure Larry and associates will reap any windfall unless the stock keeps appreciating beyond that date which is just fine by me thank you.

Keep your eye on TQY & CAV as well.

Hope you make a dollar.

Regards
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