Capital Alliance Group - CPT (CDNX) Message Board

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Gold/Mining/Energy : Capital Alliance Group - CPT (CDNX)

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To: keith massey who wrote (261)	4/7/2000 7:47:00 PM
From: AriKirA	Read Replies (1) of 960

Hey keith When it was announced back on January 18th the share price was actually lower than the private placement price so these groups were willing to pay a premium for their shares Usually, when you see a private placement priced over the average closing price for the preceeding weeks you can rest assured that the placees know that the stock is going much higher, thus their willingness to pay the premium! doing a private placement to investors outside of Canada in U.S funds normally takes this long because of all the additional paper work the CDNX demands Tell me about it Keith [gggg] I've been trying to get a listing on the CDNX for the last two months!!!!! I was told it would take two weeks. They are so backlogged it is incredible. I get messages from the analysts at 1am PT... Yeah, as if I'll be at work at 4am ET... Give me a break! Noticed that the top buyer of the private placement was the Chelverton Fund Ltd (468,000 shares) There seems to be a quite an interest for this company by fund managers... Some positioning going on IMO. Things are looking up... Kind Regards AK

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