PAAS : Pan American Silver Message Board

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Gold/Mining/Energy : PAAS : Pan American Silver

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To: Canuck Dave who wrote (183)	2/27/2002 7:18:24 PM
From: crm114	Read Replies (1) of 294

This offering is not a huge surprise. We didn't want the company to run out of cash. And the timing is good, given the general uptrend. It hurt a bit to see shares issued at $3; $4.80 is a lot more palatable. This will share out a few folks who margined up at $5.01, but perhaps they were a bit premature. I'm sure we're all diversified, and as you can see SSRI held up just fine today. I'm encouraged. CRM

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