Precious and Base Metal Investing Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Precious and Base Metal Investing

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: jpthoma1 who wrote (24940)	12/3/2003 9:36:49 AM
From: Louis V. Lambrecht	Read Replies (1) of 39344

JP CNI/Inco. Last ammounced placement should tell some: 8.5 million units offerd @ C$15 plus possible 1.5 units over allotment. That is 10 million units, 10 million shares @$15 plus 5 million @ C$18.5 for the warrants. Adds fully diluted 15 million shares to the actual 33.3 million. 33% dilution. All valuations made before the financing must be revised to 2/3rds. I closed my position. Inco would have added 2.7 million shares.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next