Int'l Wayside Gold Mines Ltd (IWA-VSE) Message Board

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

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To: Enigma who wrote (919)	4/19/2000 11:05:00 AM
From: bully	Read Replies (1) of 1321

and merely helping the promoters unload - which we may be seeing now - unloading on this rumour/cheerleading machine. Majors on occasion also invest many $$$$ (sometimes at inflated prices) filling the treasuries of these Junior exploration Companies providing them with the funds to carry on property development. Remember this News release ? Abitibi Mining Corp - 250,000 shares at $2.00 Abitibi Mining Corp ABB Shares issued 16,869,693 1997-04-24 close $0.32 Friday Apr 25 1997 The VSE has accepted for filing a non-brokered private placement of: No. of shares: 250,000 Price: $2.00 Warrants: For 1,500,000 shares, in the first year 250,000 warrants are exercisable. Each year will allow for an additional 250,000 warrants to be exercised if the warrants are not exercised in the qualified year, the unexercised warrants will carry forward to the next year. Wt exercise price: $3.00 in year one; $4.00 in year two; $5.00 in year three; $6.00 in year four; $7.00 in year five; and $8.00 in year six. Placee: Kennecott Canada The stock (ABB) was trading @ $ 0.32 at the time, "go figure" EH ? "BULLY"!

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