MONETA PORCUPINE ME.t Message Board

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Gold/Mining/Energy : MONETA PORCUPINE ME.t

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To: Crocodile who wrote (228)	5/13/1997 9:47:00 PM
From: ray jump	of 440

Hi Bev, Will it go? Just mho but yes it will go. How Far? Minimum $.80 by July. Why? There are 2.51 million warrants outstanding that can be exercised in July at $.75. Does the company want an extra $1.88 million cash? I would think so.Does the company have the goods to promote to raise the price to $.80? By my calculations, Michaud alone is worth ~ $1.10. Am I getting impatient with good results and little price movement? yes. Am I willing to wait until it develops? Definately. I could be wrong on all this of course, but thats the way I see it. Regards, Ray

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