dy.to - so what do you think .... i'm in at a hair under .50 average, plan on entry was to sell half or so .75 or .80, but today it's made that and i think the story's too happy to take profit quite yet ... there is a lot more to the company besides their JV with fnx ..... it's got an actual p/e too, makes money .... of course that's a big negative for a speckie, they might do better to take a few sacks of cash out back and burn them .... in an environmentally sensitive manner of course, wouldn't want to tarnish the blue sky ...... better to contain the smoke, perhaps with mirrors, ness paw
ralfph, swm.v release of yesterday ... i think this was known info, that Dundee held considerable shares/warrants .... ? .. because they were heavy into Hope Bay before the merger with Miramar .... looks like this will be a dime and under candidate for tax loss season, i can't see them getting anything much rolling before spring ... ? ... dunno, not in touch with it lately, pisses me off, my big loser for the year in percentage terms .... anyway here it is -
' Dundee Wealth discloses Sherwood Mining
interest
Sherwood Mining Corp
SWM
Shares issued 23,561,256
Sep 16 2002 close $ 0.10
Tuesday September 17 2002
News Release
See Dundee Wealth Management Inc (DW) News Release
Mr. Jonathan Goodman of Dundee reports
CMP 2001 Resource LP (CMP 2001) and CMP 2001 II Resource LP (CMP
2001 II), the general partners of which are subsidiaries of Dundee Wealth, hold, in
total, 2,433,333 common shares and 1,216,666 warrants to purchase common
shares of Sherwood Mining. The warrants are exercisable at 40 cents and expire
between Aug. 14, 2003, and Dec. 31, 2003.
All subsidiaries, affiliates and associates of Dundee Wealth hold or exercise
control or direction over a total of 2,433,333 common shares and 1,305,366
warrants of Sherwood, which represent an approximate 14.3-per-cent interest on
a partially diluted basis.
The securities of Sherwood held by subsidiaries, affiliates or associates of Dundee
Wealth or over which subsidiaries, affiliates or associates of Dundee Wealth
exercise control or direction are held for investment purposes. These investments
will be reviewed on a continuing basis and such holdings may be increased or
decreased in the future.
(c) Copyright 2002 Canjex Publishing Ltd. stockwatch.com |
