HAWKEYE GOLD INTERNATIONAL INC. (VSE:HGO) Message Board

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Gold/Mining/Energy : HAWKEYE GOLD INTERNATIONAL INC. (VSE:HGO)

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To: Brad Danchuk who wrote (172)	5/12/1997 3:21:00 PM
From: Richnorth	of 472

If I may venture a guess, it is that Yorkton figures their sale would lower the price of the stock to their advantage, that is, the EOP price would be reduced, and they might be able to buy back more shares at a lower price. Of the two possibilities, the former is the more likely one, IMHO. From what I have overheard somewhere, Hawkeye's shares have been oversubscribed!!! I hope a secondary offering will not be available as this will further lower the price of the stock. O yes! Perhaps Yorkton was just making some shares available to some of their customers.

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