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Microcap & Penny Stocks : Chaparral Resources - CHAR
CHAR 10.390.0%Nov 3 3:59 PM EST

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To: Raham who wrote (46)11/6/1997 11:45:00 PM
From: Tom Genna  Read Replies (2) of 127
 
Raham, Thanks, I did not catch that bit of news. Now that the news is out let's see how far this follows through. While the interest bearing portions of these financings are fairly juicey I'm sure that the benefactors are interested in more than that. No doubt they have details of the plans that convinced them to back this company. With AIPN and CHAR both announcing financing seems that today was the premier of the new K* show called "What's you're Credit Line?" With a hook in the Gov't and some cash for operations both these companies are in an improved negotiating position. I think I'm getting oil fever........thanks....tomster
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