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Gold/Mining/Energy : Nuvo Research Inc
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To: axial who wrote (10538)8/13/2002 9:17:03 AM
From: Morag  Read Replies (1) of 14101
 
Jim, Joe

Thanks for your thoughts on a possible draw. I must admit the unrelenting pressure on the stock price and the dip below three again made me reach for the alka seltzer yesterday.

But upon reflection, of course ensuring a secure flow of cash for the company is the prudent thing to do.

Logic suggests that although one hopes for the FDA sign off, sooner rather than later (the sooner the better IMO)anything could happen to cause a delay until September or October. Of course, one can expect HC not to be a ground breaker, and wait until FDA approves before they jump on the bandwagon.

Then of course there will be all the cash requirements for WF10 and so on...

I never thought the day would come when I would want to see the signs of a draw - but I guess it has.

Cheers

E
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