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

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To: grayhairs who wrote (671)3/20/1998 8:10:00 PM
From: gamer  Read Replies (2) of 2306
 
grayhairs; I enjoy reading your posts;very informative. My question is why would anyone bother with the rts. at this point? Could it be that these rts. where offered in the hope shareholders would exercise them even though we have no results of the wells,(good or bad).Is this BEA/STF's way of assuring themselves that at least they get to raise some money to keep going at our expense. If the results are good BEA/STF would have no problem raising money and getting more per share.But if the results are not what we hope , the shares wouldn't even be worth .30 a share. I was expecting to see an upward movement to the .80 range by now. Why the rts. are still trading at.01 is what puzzles me?
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