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Gold/Mining/Energy : Rubicon Minerals
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To: Miner who wrote (51)5/19/2002 8:55:53 AM
From: Joey Two-Cents  Read Replies (1) of 470
 
John,

The increasing of shares may have something to do with the the rights offering in case there's a takeover. I really wasn't clear on when and how the rights are exercised. IMO with gold and gold companies getting more expensive by the day if a takeover were to come, it would probably come sooner rather than later. Unless gold takes a dive. I know Goldcorp is sitting on over $200M and has said is looking for low production cost properties to acquire. I rather not see that at this point.
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