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 : DIADEM RESOURCES - DIR,M
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Method who wrote (800)12/27/1997 4:51:00 PM
From: Dave Tan  Read Replies (1) of 897
 
It has been very quiet here. I hope 1998 will be a good year for Diadem. I know they need the money, but I hope that they delay their rights issue a little later. Give gold some time to recover and hopefully mining shares will start to rise a little. Trying to raise money in the current environment will be hard. Even though its a rights issue to current shareholders, at current market conditions, the best we can do is a $0.40 share + warrant right. This will result in the common stock falling to $0.30 and the price of the rights around $0.05. give or take a few cents....unless Diadem's management can pull a rabbit out of its hat. I had a few few shares in the past that has issued rights to shareholders to raise cash, and the best time to do so is when the stock is rising and/or hot. A depressed market will cause the stock to drop when the rights are issued. JMO.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News