SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Manhattan Minerals (MAN.T)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Elizabeth Andrews who wrote (4132)5/12/2000 2:20:00 PM
From: Claude Cormier  Read Replies (1) of 4504
 
<<I think that a major will buy this company IF Manhattan can show that they have the town on side to move with a reasonable capital cost.>>

This make sense. But will not be true if they find something better than TG-1, which is certainly a possible.

<< If not, well they are spending shareholders money on the wrong things which is what I have said for some time>>

I disagree here. The anomalies are there and this is a VMS district. Any of them could be as good or better deposit than TG-1. Why not drill as many as possible?

They still have only 33M shares outstanding which is low for the metals discovered so far. And they should be able to get additional financings easily. This will dilute further, I agree, but given the size and potential of the district, I think shareholders will likely be winners on the long term.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext