SI
SI
discoversearch

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 : Gold Reserves Limited GLR - TSE
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Syncrude who wrote (205)12/17/1997 2:23:00 PM
From: The Vet  Read Replies (2) of 406
 
Do the sums Patrick - even with the shareholders rights plan - Gold Reserves proven reserves are cheap. The rights plan only means an increase of 40% in the number of shares at a cost of 50% of the current price. A hostile buyer could just absorb that and it provides them with extra cash as the holders convert their rights. The rights plan would work to protect shareholders at a share price over $5 US but at the present prices the effect is diluted...
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News