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Gold/Mining/Energy : Precious metal company Warrants

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To: LLCF who wrote (502)4/25/2006 2:07:25 AM
From: Nevada9999  Read Replies (1) of 681
 
I don't think the price of oil is important on this one. It depends on whether you believe the HTL story. It seems that Friedland has brought in a few friends and neighbors on these financings. They were both carried by a few individuals the way I read it. Maybe shoring up some relationships he needs to make Turquoise Hill work. There are so many heavy crude oil resources out there that this could make economic. They can trade the patented technology for royalties or a percentage of the action. This looks like something that Friedland could really make hay with. The first value play I have seen in a while, but only if I have it figured right. If you come across a fatal flaw let me know.
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