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Gold/Mining/Energy : Diamonds North Resources Ltd

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To: VAUGHN who wrote (185)8/7/2003 8:19:47 AM
From: kidl  Read Replies (1) of 334
 
Hi Vaughn & Bill,

Since Vaughn is only asking for 2 cents, I’ll give it a shot.
I don’t think the 2 deals are comparable.
The latest PP is a one shot deal on a flow through basis without options or warrants while the Teck deal came with warrants and the right to participate in future financings. Looks like Teck paid a little premium for these added potential future benefits.
Teck NR: Message 19061361

Just my 2 cents …
kidl
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