GEOMAQUE Message Board - Msg: 16325959

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Gold/Mining/Energy : GEOMAQUE

GEO 14.84

-0.9%

Nov 11 4:00 PM EST

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To: russwinter who wrote (242)	9/10/2001 2:06:06 PM
From: Jim Steel	of 260

Just a guess,but I would think RC hasn't told GEO about any which way they're thinking re the warrant exercise, and if pressed, would use the old investment banker dodge "can't say until the price is fixed". From an operational standpoint, the NR was good news since getting the shiny stuff out of the ground faster is key to value recovery. We just don't know who is going to benefit - common shareholders like us, or not-common shareholders like RC. Since I think it is better to have a view than not, I'll stick to my guns that when all is said and done, RC will be a shareholder, but not the biggest shareholder. Regards, Jim Steel

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