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Gold/Mining/Energy : Bresea Resources (BSR)

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To: alan holman who wrote (1415)8/2/2001 2:41:00 PM
From: Lalit Jain  Read Replies (1) of 1451
 
Alan, I have to read the details more carefully. My initial reaction is to vote against selected items, such as the share consolidation. I have to read the employee option plan more carefully and deliberate. They have not included the latest financials or the business plan for the new corporation. I not very pleased about it. No comments yet on the settlement part. I am just thinking, do I really have a choice in accepting the overall package ??? I would really like to see a market for may shares. But if there is a consolidation, then historically the shares tend to fall in value, and it becomes easy for the corporation to issue more shares at very low prices.

Regards,
Lalit Jain
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