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Strategies & Market Trends : Ride the Tiger with CD

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To: zoo york who wrote (17098)10/24/2004 4:59:48 PM
From: jrhana  Read Replies (1) of 312301
 
I must admit I get nervous and dizzy whenever I try to read SEDAR. In my job sometimes people wait 15 hours to see me, but I cannot stand to wait 5 minutes in a supermakret checkout line.

Anyway my point is I do rely on others to wade through the ponderous SEDAR, but I did try and leaf through (so to speak), ORM there.

From what I can see,there are 22 million circulating shares. There are about 5 milllion essentially free chares sitting there.

A built in about 18% or so dilution is hanging over the stock.

I mean I guess-So not great but not the end of the world-if the property pans out.

Additional factors that were in play in May I would like to point out.

Silver and all silver stocks were undergoing nosedives-This I remember because I passed a little pain there. So to some extent ORM.V was caught up in this descending vortex.

If batches of the giveaway stock were to be released into a charging silver bull, the result might be more benign.

Message 20681757

Just trying to quntify here a little the downside-Please correct as appropriate.
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