Dundee and National seem to agree with you JP. They've kept this stock downtrending, and had a cap on it above $0.60 almost since the last PP in May 2000,...
http://stockcharts.com/def/servlet/SC.web?c=TWG.TO,uu[l,a]wacaniay[de][pb50,200!d20,2][vc60][iUd20!Lc20]
Friday, May 19, 2000 Toronto Stock Exchange "TWG"
Berlin OTC Exchange "878 341, EDV-Kürzel ATG"
8.8 Million Dollar Financing Successfully Concluded
TWIN GOLD CORP ("TWG-T;TWIGF-L") - 8.8 Million Dollar Financing Successfully Concluded
Twin Mining Corporation ("Twin Mining") is pleased to announce that it has completed its previously announced offering of "flow - through" common shares and common shares of Twin Mining. On the closing of the offering, Twin Mining issued 7,600,950 flow-through common shares and 2,801,371 common shares for aggregate gross proceeds of $8,841,973. The net proceeds of the offering were $8,007,539 and will be used to carry out Twin Mining's exploration program on its TORNGAT diamond project in northern Quebec and for general corporate purposes.
The agents for the offering were Dundee Securities Corporation and National Bank Financial Inc.
Twin Mining, in addition to exploring the diamond prospect on the east side of Ungava Bay in northern Quebec, also holds a gold mining project containing reserves of one million ounces of gold and 3.2 million ounces of silver in Idaho, United States of America. TEL: (416) 777-0013
Hermann Derbuch, P.Eng. FAX: (416) 777-0014
Chairman, President & CEO
TWIN MINING CORPORATION INET : www.twingold.com E-mail: Info@twingold.com |
