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Gold/Mining/Energy : Int'l Wayside Gold Mines Ltd (IWA-VSE)

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To: Enigma who wrote (906)4/19/2000 10:11:00 AM
From: bully  Read Replies (1) of 1321
 
Why would Homestake pay $5 per share and only wind up with 3% of the company. What possible advantage would that give them?

If a Major were to finance @ $ 5.00 with IWA price at these levels (which has not been officially announced incidentally) I'm certain there would be a "first right" clause buried somewhere in the agreement, wouldn't you agree ?

"BULLY"!
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