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Gold/Mining/Energy : Golden Hemlock(GHE)
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To: Hugh M. who wrote (697)2/3/1998 8:04:00 PM
From: Robert Dydo  Read Replies (1) of 909
 
In Sydney they think the gold is worth more than in NY. Super. I was thinking why VSE put such a condition? What would VSE had to lose if stock was trading at 0.20 and warrants were exercised or for that matter at 0.50 trading for the price 0.20. If stock does trade at 0.50 within next 30 days it will be natural to expect warrants to be turn into the shares. It seems that GHE would only benefit with short exercise as they get money faster. What sort of benefit VSE gets by imposing the rule of 0.25?
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