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 : Bearcat (BEA-C) & Stampede (STF-C)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Thomas F. Radcliffe who wrote (2192)6/26/2001 10:35:08 PM
From: Dale Schwartzenhauer  Read Replies (1) of 2306
 
I don't have exact numbers, but I thought they owned shares of each other, more or less proportional. As I understand it, this is designed to help circumvent hostile takeover attempts. The 2:1 relationship has held fairly constant for quite awhile, so evidently, the market feels this is an appropriate valuation. On another score, CWQ seems to maintain a value at about 20%-25% of BEA. They have smaller proportional interests, but less shares outstanding and some other property holdings. Still, it seems to trade almost entirely on Turner Valley at this moment in time.

Dale
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News