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Gold/Mining/Energy : Bearcat (BEA-C) & Stampede (STF-C)
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To: Keith Minler who wrote (729)3/22/1998 11:13:00 PM
From: Jim P  Read Replies (2) of 2306
 
Hi Keith,

There are probably a number of shareholders who got in at prices significantly lower then current prices.Even after exercising at .70 their average in would be considerably less then .60. Again I would like to bring your attention to the placement last summer, 5 million shares cost $1.55 million,now worth $3,000,000. Who ever holds these shares is not going to walk away from $3,000,000.Those rights will buy another 500,000 shares for $350,000. Not to mention warrants with a tax benefit.

Jim P
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