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Gold/Mining/Energy : Bearcat (BEA-C) & Stampede (STF-C)

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To: Dale Schwartzenhauer who wrote (355)3/3/1998 12:35:00 AM
From: Dale Schwartzenhauer  Read Replies (2) of 2306
 
Okay, here's the skinny on the rights. You cannot exercise them if you're not a resident of one of the listed provinces. But one can sell them, and the BEA.RT is a real sellers market, IMO. I'm showing a 310,000 bid at $0.05, which is like paying $1.20 for the stock!!! So, I don't see the interest at these levels unless the stock skyrockets in relatively short order. I can't see these rights going for more than a cent a piece, given the number it takes to buy one unit.

Dale
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