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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG
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To: Andrew who wrote (968)11/6/2003 7:28:41 AM
From: John Dally  Read Replies (1) of 48092
 
"But why use cash instead of paper?"

If they are planning to acquire a company, I think that they would use their high-priced stock to take the company over and the cash that they just raised to either retire the debt or develop the mines of the acquired company.

It seems like ASL is locked up by AU, but this would be the perfect fit . . .
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