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Gold/Mining/Energy : New Claymore Resources

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To: jerry janko who wrote (474)	2/24/2000 1:55:00 AM
From: zedex	Read Replies (1) of 531

Hi Jerry Just a question. Suppose that NCS had been riding along for 6 months at 0.80 to 0.90, and the PP was at 0.65. Then NCS dropped to 0.25. Would the PP proceed? I doubt it. Given the present circumstances, isn't management remiss in their duty to minority shareholders to proceed with a PP at 0.12? Or is already a done deal - have the shares been issued and the money changed hands? Bruce

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